Tolls for vessels using the Suez Canal are set to rise by 15% next year with the exception of dry cargo and cruise ships which will increase by 10%.

Fears of another Ever Given-style blockage of the Suez Canal were averted yesterday when the Egyptian authorities succeeded in freeing an Aframax crude carrier.

Egypt expects Suez Canal revenues to hit $7bn in the 2021-22 financial year, ending on June 30, up 27% from $5.5bn in the last year, Finance Minister Mohamed Maait said on Saturday.

APM Terminals has upgraded Suez Canal Container Terminal with a series of investments initiated in 2020 aimed at equipment and capacity improvements at the terminal.

Singapore terminal operator PSA has cleared a backlog of 45 containerships held up by the blockage of the Suez Canal in late March.

Some 1.9m teu in capacity caught up in the closure of the Suez Canal is starting to swamp major container ports around the globe.

Singapore, the world’s largest container transhipment port, is readying itself for a backlog of ships and cargoes from the closure of the Suez Canal in late March.

Maritime Lawyer Christopher B. Kende examines the insurance considerations of the Ever Given blocking the Suez Canal at the end of March.

Are you a budding mariner and think you can do a better of job of navigating the Suez Canal than the Master of the Ever Given?

Exporters from Europe and the Med will see a sharp drop in container shipping capacity this week due to knock-on effects of the Suez Canal closure, then followed by a spike in capacity.