Latest News for: Suez global

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Egypt discusses role of development partners in SCZone

Egypt Today 25 Nov 2021
Al-Mashat also commended the Suez Canal Economic Zone’s strategy 2020-2025, which aims to create an integrated society through industry, maritime transport and logistics, and bolster the economic zone as a platform for export to global markets, especially the African continent, to advance economic development through 5 main pillars.
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Qatar - Saudi 'Neom' plans to expand port to rival the region's biggest

MENA FN 25 Nov 2021
(MENAFN - Gulf Times) Saudi Arabia's high-tech–Neom– mega-project plans to expand a tiny local port into a trade and manufacturing hub near the Suez Canal that officials say will compete with the biggest facilities in the Middle East ... About 12% of global trade flows through the Suez Canal ... MENAFN25112021000067011011ID1103252282 .
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Veolia, Suez offer remedies in bid to win EU antitrust okay for deal

Reuters 24 Nov 2021
BRUSSELS, Nov 24 (Reuters) - French waste and water management companies Veolia (VIE.PA) and Suez (SEVI.PA) have offered remedies ... The main shareholders of New Suez will be Meridiam, Ardian and Global Infrastructure Partners, as well as state-backed Caisse des Depots and employees.
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Inchcape on Navigating the Challenges of the Suez Canal

The Maritime Executive 24 Nov 2021
A passage through the Suez Canal is by no means plain sailing ... “Cost avoidance is a massive issue and this necessitates strong knowledge and expertise in handling Suez Canal transits, which is clearly also a factor in preventing serious incidents that can hit the flow of global trade,” Nabil says.
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CCI approves FedEx India's minority stake-buy in Delhivery

The Times of India 23 Nov 2021
New Delhi. The Competition Commission of India (CCI ... The regulator in a separate tweet said it has approved the proposed combination involving "(a) acquisition of stake by Veolia in Suez and (b) acquisition of stake in New Suez by Meridiam, Global Infrastructure Management (GIP) & La Caisse des depots et consignations (CDC) & CNP Assurances.". .
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Eagle County businesses gear up for holiday shopping amid global supply chain crisis

Vail Daily 23 Nov 2021
As COVID-19-induced disruptions to the global supply chain persist, Eagle County business leaders are encouraging residents to do their holiday shopping locally to avoid the uncertainties of ordering online ... They even had an order on the cargo ship that gained global attention when it got stuck in the Suez Canal, blocking passage for nearly a week.
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Three global alliances apply for green hydrogen projects in Egypt

Renewables Now 22 Nov 2021
Three global alliances have submitted applications for projects for the production of ... Egypt could benefit also from another competitive advantage and become a global hub for supplying green fuel to ships as the Suez Canal accounts for about 15% of the global shipping traffic.
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Using tech to make supply chains more resilient, secure

Straits Times 22 Nov 2021
Technology could help smaller companies deal with any major future disruptions in the supply of products or services ... He also noted that vulnerabilities existed before the pandemic and will persist after it, citing as an example the Ever Given container ship that blocked the Suez Canal in March and disrupted global trade ... TACKLING OTHER ISSUES ... ....
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Suez Canal completes 152 years: How it reduced travel time and boosted global trade

DNA India 18 Nov 2021
Reports suggest that the Suez Canal is witness to almost 12% of total global trade through its waters. The figures released by the Suez Canal Authority on Wednesday show that 1.4 million ships carrying 24.7 billion tons of shipments have crossed the international waterway since 1869 ... Why was Suez Canal in news recently?.
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UN warns of soaring prices in 2022 due to freight rate spike

Urdu Point 18 Nov 2021
"Global consumer prices will rise ... It also exposed vulnerabilities, such as when China's Yantian Port shut in May due to a coronavirus outbreak, causing significant delays, or when the giant container ship Ever Given blocked the Suez Canal in March, snarling global trade.
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Blade recycling project led by Aker, Scottish researches gets UK govt grant

Renewables Now 18 Nov 2021
Together with Scottish researchers, Aker Offshore Wind is leading a consortium that will implement the GBP-2-million three-year project ... They will also partner with Nottingham University, global waste management group SUEZ, composite distributor GRP Solutions Ltd and composite part maker Cubis.
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UN: Soaring prices in 2022 due to freight rate increases

Manila Standard Today 18 Nov 2021
Global consumer prices will ... It also exposed vulnerabilities, such as when China’s Yantian Port shut in May due to a coronavirus outbreak, causing significant delays, or when the giant container ship Ever Given blocked the Suez Canal in March, snarling global trade.
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Shipping rate surge threatens global economy recovery, UNCTAD says

Straits Times 18 Nov 2021
Global consumer prices will rise ... It also exposed vulnerabilities, such as when China’s Yantian Port shut in May due to a coronavirus outbreak, causing significant delays, or when the giant container ship Ever Given blocked the Suez Canal in March, snarling global trade.
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UN warns of spike in consumer prices amid surge in freight rates

Straits Times 18 Nov 2021
"Global consumer prices will rise ... It also exposed vulnerabilities, such as when China's Yantian port shut in May owing to a coronavirus outbreak, causing significant delays, or when the giant container ship Ever Given blocked the Suez Canal in March, snarling global trade.
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UN warns of soaring consumer prices

Taipei Times 18 Nov 2021
Global consumer prices will rise ... It also exposed vulnerabilities, such as when China’s Yantian Port shut in May due to a COVID-19 outbreak, causing significant delays, or when the giant container ship Ever Given blocked the Suez Canal in March, snarling global trade.
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