Egypt Completes Trial Run of New Suez Canal Channel Extension | Firstpost Africa

Egypt Completes Trial Run of New Suez Canal Channel Extension | Firstpost Africa

Egypt has successfully tested a new 10-kilometer extension to the Suez Canal. This extension is at the canal's two-way section in the southern region. As per the authorities, this expansion will boost the canal's capacity by an additional 6 to 8 ships daily and will also help minimise the impact of currents on shipping. Two ships have used the new extension as part of the test. This comes despite Egypt having seen a major dip in its revenue from the waterway in the wake of growing attacks from Yemen’s Houthi rebels. Egyptian President Abdel Fattah el-Sisi says that the country has lost approximately $7 billion in Suez Canal revenue in 2024 marking more than a 60 percent drop from 2023. Watch for more details.

---

Egypt | Suez Canal | Shipping | Firstpost Africa | Alyson Le Grange | Africa | Global South | Geopolitics | Military Coup | Environment | Climate Change | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News

#egypt #suezcrisis #suezcanal #shipping #firstpostafrica #africa #alysonlegrange #globalsouth #militarycoup #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews

Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.

Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
https://www.youtube.com/@Firstpost

Follow Firstpost on Instagram:
https://www.instagram.com/firstpost/

Follow Firstpost on Facebook:
https://www.facebook.com/firstpostin/

Follow Firstpost on Twitter:
https://twitter.com/firstpost

Follow Firstpost on WhatsApp:
https://www.whatsapp.com/channel/0029Va6zOIrEQIamseyg762V