Egypt Studies Plan to Expand Suez Canal to Speed Up Transit Time

Egypt is carrying out a feasibility study on further expanding the Suez Canal in a push to speed up transit times and avert potential blockages in a waterway that carries 12% of global maritime trade.

The project is meant to turn single-lane segments — 50 kilometers in the northern segment and 30 kilometers in its southern part — into double lane crossings, Suez Canal Authority chief Osama Rabie said at an event on Sunday.