Monday 24 Feb

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Rabie: Suez Canal attracts 47 ships rerouted from Cape of Good Hope


Rabie: Suez Canal attracts 47 ships rerouted from Cape of Good Hope

Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, participated, Sunday, in the opening of the 14th edition of the International Maritime Transport and Logistics Conference (Marlog), organized by the Arab Academy for Science, Technology and Maritime Transport under the auspices of the League of Arab States and in cooperation with the Ministry of Transport, from February 23 to 25.

The opening was attended by Minister El Fadhil Ould Sidati, Minister of Fisheries and Marine Infrastructure of the Islamic Republic of Mauritania, Major General Nihad Shaheen, Deputy Minister of Transport, acting on behalf of Lieutenant General Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport, Major General Ahmed Khaled Hassan, Governor of Alexandria, Professor Dr. Ismail Abdel Ghaffar, President of the Arab Academy for Science, Technology and Maritime Transport, in addition to a large number of officials in the maritime transport industry at the Arab, regional, and international levels.

In his speech, Lieutenant General Osama Rabie emphasized the importance of holding the Marlog International Conference at this sensitive time, amidst geopolitical changes and economic challenges that are reshaping the global balance of power. He also praised the conference's focus on highlighting artificial intelligence applications, which have become a vital tool for enhancing innovation and resilience in various sectors, especially transport and logistics.

The Chairman of the Authority pointed out that the Red Sea crisis has imposed unprecedented security challenges, negatively affecting the stability and sustainability of global supply chains. He called for concerted efforts to contain the negative impacts and ensure the continuation of maritime services in the region.

Lieutenant General Rabie reviewed the efforts made by the Authority to mitigate the effects of the crisis on its clients, through continuous communication with shipping lines, stable pricing policies, and the provision of a range of maritime and logistical services, such as ship maintenance and repair, maritime rescue, pollution control, maritime ambulance, crew changes, and refueling.  

He explained that discussions with shipping lines, and with positive indicators of the return of stability to the Red Sea, have led to 47 ships changing their course to cross the Suez Canal instead of the Cape of Good Hope since the beginning of this month, with expectations of more shipping lines returning.

The Chairman of the Authority affirmed that the challenges have not prevented the Suez Canal from completing its ambitious development plans, thanks to the support of President Abdel Fattah El-Sisi. He pointed to the completion of the southern sector development project, which contributes to increasing navigational safety, reducing the impact of water currents, and increasing the canal's capacity by 6-8 ships.  

At the end of his speech, Lieutenant General Rabie addressed the efforts to localize the shipbuilding industry, announcing the establishment of the first floating concrete pontoon factory in the Canal Ports Company, which is the first of its kind in Egypt and will contribute to reducing the cost of building yacht marinas and berths by 40%. He also pointed to serious steps in manufacturing marine tugs, launches, halls, floating bridges, and ferries in the Authority's shipyards and companies.

After the opening session, Lieutenant General Osama Rabie inspected the pavilion of the Authority's affiliated companies at the IME 2025 Maritime Services and Equipment Exhibition, held on the sidelines of the conference, with wide participation from local and international companies in the fields of port services, maritime transport, and petroleum.