ICS AND SUEZ CANAL AUTHORITY FORMALIZE AGREEMENT FOR GREATER COOPERATION

17 MAY 2022 The Suez Canal Authority (SCA), the Egyptian state-owned entity responsible for operating and maintaining the Suez Canal, and the International Chamber of Shipping (ICS), representing 80% of world’s merchant fleet, have agreed to work towards increasing information sharing and “negotiations on the movement of global trade through the Canal” under …

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