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Egypt Says Dozens of Ships Return to Suez Canal After Ceasefire

Egypt's Suez Canal Authority reported that 47 ships have changed their routes to pass through the Suez Canal instead of the Cape of Good Hope due to returning stability in the Red Sea region, according to Osama Rabie.
Rabie emphasized that the ongoing Red Sea crisis has caused unprecedented security challenges that impact global supply chains.
The SCA has successfully continued its development plans, with improvements like the completion of the southern sector development project, increasing the canal's capacity by 6-8 ships daily and improving navigational safety.
Rabie announced the establishment of Egypt's first factory for floating concrete pontoons, aimed at producing moorings at 40% lower costs.

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Egyptian Streets

More Ships Resume Using Suez Canal Amid Regional Stability

Dozens of ships have returned to using Egypt’s Suez Canal since early February instead of the longer Cape of Good Hope route, Suez Canal Authority (SCA) Chairman Osama Rabie announced on Sunday, 23 February. Speaking at the International Maritime Transport and Logistics Conference (MARLOG) in Alexandria, Rabie stated that 47 vessels have resumed transits through the canal, with more expected to follow as regional tensions ease following the Hama…

7 days ago·Egypt

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Africa News

Suez Canal Sees Ship Traffic Return Amid Red Sea Crisis

Egyptian President Abdel Fattah al-Sisi previously estimated that disruptions could cost Egypt up to $7 billion in lost Suez Canal revenue in 2024.

7 days ago·Pointe-Noire, Congo

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Egypt Today

Egypt: 47 ships re-routed its maritime navigation to Suez Canal in February due to stability in Red Sea

Rabie noted that the positive indicators of stability returning to the Red Sea region had resulted in 47 ships altering their routes to pass through the Suez Canal instead of the Cape of Good Hope. He anticipated that more shipping lines will follow this trend as stability continues to improve.

8 days ago·Cairo, Egypt

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Bloomberg

Egypt Says Dozens of Ships Return to Suez Canal After Ceasefire

Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of February, a tentative recovery after a ceasefire between Israel and Hamas prompted Yemeni rebels to scale back attacks on Red Sea shipping.

8 days ago·United States

47 ships rerouted to Suez Canal this month, chairman says

CAIRO - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February.

9 days ago·Singapore

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meobserver.org

Rising Suez Canal Traffic: Stability in Red Sea Drives Maritime Shift | The Middle East Observer

The recent stabilization of the Red Sea region is revitalizing maritime routes, with 47 ships diverting to the Suez Canal instead of the Cape of Good Hope since early this month. This trend was spotlighted by Osama Rabie, Head of the Suez Canal Authority (SCA), at the 14th Annual International Maritime Transport and Logistics Conference […]

7 days ago

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