Latest News for: Suez net


Suez Canal sees its highest daily crossing rate ever

Hellenic Shipping News Worldwide 15 Mar 2023
The Suez Canal recorded the highest daily crossing rate in its ...

Egypt’s economy expected to grow over 4%, unemployment rate drops to 7%

Arab News 14 Mar 2023
Suez Canal revenues totaled $2.2 billion in the second quarter, up from $1.7 billion in the same period a year earlier ... Suez traffic. Navigation traffic in the Suez Canal recorded its highest-ever daily transit rate, with 107 ships crossing from both directions without waiting and a total net tonnage of 6.3.

SCA Chief: New Suez Canal contributes to increasing daily transit rate

Egypt Today 13 Mar 2023
“The [digging of] new Suez Canal ... The Suez Canal has recorded its highest daily transit rate as 107 ships are set to cross the international trade route on Monday with net tonnage of 6.3 million tons, Chairman of the Suez Canal Authority Osama Rabie has said in a statement.

Photos: Egypt’s Suez Canal sees all-time highest daily transit rate Monday: SCA chief

Egypt Today 13 Mar 2023
The Suez Canal has recorded its highest daily transit rate as 107 ships are set to cross the international trade route on Monday with net tonnage of 6.3 million tons, Chairman of the Suez Canal Authority Osama Rabie has said in a statement ... The Suez Canal achieved in ...

New Record for Daily Transits of the Suez Canal

The Maritime Executive 13 Mar 2023
The Suez Canal set a record for the number of transits through the waterway in a single day ... The Suez Canal Authority reports that a total of 7.3 million tons transited the canal today ... The Suez Canal’s Chairman, Admiral Ossama Rabiee highlighted that the new volumes would not have been achieved without the New Suez Canal project.

Egyptian authorities refloat grounded container ship in Suez Canal

Arab News 07 Mar 2023
The Suez Canal Authority has refloated a grounded container ship, MSC ISTANBUL, in a tugboat operation. The vessel ran aground during its crossing of the Suez Canal in its northbound transit from Malaysia to Portugal ... The income from the canal was about 25 percent higher than the $6.3 billion netted in 2021.

Cargo ship runs aground in Suez Canal, traffic not impacted

Gulf News 05 Mar 2023
A cargo vessel ran aground in the Suez Canal on Sunday, but traffic through the global waterway was not impacted, Egyptian authorities said ... Cargo vessel stuck in Suez Canal refloated, minor delays expected Egypt’s Suez Canal nets $8 billion in new annual record Why did the Suez crisis become a major news story worldwide.

Veolia 2022 Net Pft EUR716M

Market Watch 02 Mar 2023
"The growth of our EBITDA of 7.2%, of our current EBIT of 16.3%, and of our current net income of 29.7%, exceeded all our objectives, in particular thanks to the very effective implementation of the synergies resulting from the merger with Suez ...

Veolia: 2022 Annual Results

Market Watch 02 Mar 2023
EUR 896 million at 31 December 2021 published (+29.7% at current FX and +27.7% at constant FX) -- The cost of net financial debt was -EUR707m, of which -EUR226m due to the consolidation of Suez's net financial debt ... -- Net impact of the acquisition of Suez for EUR8,664 million including.

CBE: US$ 4.1 billion in tourism revenues during the first quarter

Egypt Independent 06 Feb 2023
CBE added that transport receipts increased by 33.7 percent, to reach US$ 3.0 billion (against US$ 2.3 billion), as a main result of the rise in Suez Canal receipts by 19.1 percent to record US$ 2.0 billion (from US$ 1.7 billion), driven by the pickup in the net tonnage of vessels by 13.8 percent to record 372.7 million tons.

News Live: Sudha Murty, Kumar Mangalam Birla among Padma awardees this year

Deccan Herald 25 Jan 2023
Egypt's Suez Canal nets $8 bn in all-time annual record. Egypt's Suez Canal Authority announced Wednesday an all-time annual revenue record, earning $8 billion in transit fees in 2022, as the country balks under a worsening economic crisis.

Suez Canal revenues record remarkable increase in September: CAPMAS

Egypt Commercial News 01 Dec 2022
The agency’s data added that the net tonnage of ships passing through the Suez Canal witnessed a parallel increase, reaching around 119.6 million tons last September, compared to 111.6 million tons in the same month in 2021, ...

Suez Canal revenues expected to reach $7.8 B by end of year: Chairman

Egypt Today 16 Nov 2022
The navigation movement in the Suez Canal recorded, Monday new and unprecedented records in terms of daily transit statistics, achieving the highest daily transit rate, with 94 ships crossed from both directions without waiting, with a total net tonnage of 5 million tons, said Lieutenant-General Osama Rabie, head of the Suez Canal Authority.

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