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Article: EGYPT: SUEZ CANAL SPOKESMAN: MARITIME MOVEMENT IN SUEZ CANAL DIDN'T AFFECT BY PIRACY.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- November 24, 2008
CopyrightCOPYRIGHT 2008 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Suez Canal Spokesman said that navigation was not affected till now by the acts of maritime piracy before the Somali and Eden Gulf coasts. He added that shipping firms had not given the canal word of any cancellations, referring that the hijacked US-bound Saudi tanker was not directing to the Suez Canal but was on its way to the Cape of the Good Hope. He added that the trade movement, which is coming from Asia to Europe in particular, has not any other way to pass through except the Suez Canal as the alternative roads are of higher cost and ...
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Article: Crisis takes toll on Suez Canal revenues.
Daily News Egypt (Egypt);
February 16, 2009 ;
700+ words
...CAIRO: Suez Canal revenues fell 20 percent to $332 ... Investment bank EFG-Hermes expects Suez Canal revenues to slip 10 percent in the current ... the Cape of Good Hope instead of the Suez Canal because its transit tolls are not that ...
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