Suez Canal

Shippers brace for more Suez turmoil after Chinese vessel 'fired on with machine guns'

Cargo ships sail through the Suez Canal, seen from a helicopter, near Ismailia, Egypt. Photo: AP

An attack on a Chinese-owned container ship in the Suez canal has heightened risks for merchant shipping using the vital waterway, with further threats considered likely as political turmoil continues in Egypt.

Tuesday, 3 September, 2013, 10:24am

More orders for China Rongsheng

China Rongsheng Heavy Industries, the mainland's largest privately controlled shipbuilder, is a step closer to meeting its order target of US$2.5 billion this year after securing a deal to build up to 20 oil tankers for a mainland shipping company.

9 Dec 2011 - 12:00am

OOCL and partners take Cape route to cut costs and capacity

Orient Overseas Container Lines (OOCL) and its partners in the Grand Alliance announced yesterday a rerouting of one of its Asia-Europe services to save on costs and cut the effective capacity of vessels.

24 Feb 2009 - 12:00am

Mainland deal for New World

The New World Group has teamed with French-based Lyonnaise des Eaux, the water division of Suez Lyonnaise des Eaux Group, in two water treatment joint ventures on the mainland, costing a combined investment of US$35 million. The pair will provide for the financing, design and construction of the plants.

2 Apr 1999 - 12:00am

Suez Canal receipts slide

Receipts at the Suez Canal fell to US$139.6 million in June from $150.9 million in May and $148.9 in June 1997, according to Egyptian Government statistics. In June, 1,250 vessels carrying 31 million tonnes sailed through the waterway that links the Mediterranean and the Red Sea.

17 Aug 1998 - 12:00am

OMI orders Suezmax tankers

OMI Corp has placed an order for two 156,000 deadweight tonnes (dwt) Suezmax crude-oil tankers for delivery in January 1999 and May 2000. The US tanker owner has also ordered two 35,000 dwt product tankers for delivery in mid-1999 and taken options to order a further two Suezmax vessels.

14 Aug 1998 - 12:00am

Suezmax to take production role

The 135,015 deadweight tonnes Suezmax tanker Knock Buie will be converted into a floating production, storage and offloading vessel for use by Ranger Oil in Angola's offshore Kiame field.

28 Jul 1997 - 12:00am

New World, Suez win Lianjiang water deal

New World Development and its European partner, Suez Lyonnaise des Eaux, have won a 30-year build-operate-transfer concession to build a 125 million yuan (about HK$115 million) water treatment plant in Lianjiang, Guangdong.

The franchise, signed between Sino-French Water Development and Lianjiang Water Supply, is the fifth to be awarded to the New World-Suez group in China.

10 Jul 1997 - 12:00am

Egypt invites bids for terminal

Egypt has invited investors to bid for a contract to build a container terminal under a build/operate/transfer system at the southern end of the Suez Canal.

3 Jan 1997 - 12:00am