Suez Canal Authority (SCA) Chairman Osama Rabie discussed with Region South Europe Senior Managing Director at Hapag-Lloyd Juan Pablo Richards ways to enhance cooperation and reviewed the latest developments in the Red Sea region and global supply chains. The meeting was held on Tuesday, October 21, 2026, at the authority’s headquarters in Ismailia governorate to discuss mechanisms for resuming the shipping line’s transit services through the Suez Canal, as well as opportunities for future cooperation in maritime training.
Rabie affirmed that the Suez Canal is fully prepared to receive various shipping services, noting that the authority has continued to develop its services and modernize its maritime fleet to meet customers’ needs. He stressed that the canal remains the safest and fastest route for ensuring the sustainability of global supply chains despite current geopolitical challenges.
For his part, Richards praised the ongoing development of navigation services in the canal, explaining that Hapag-Lloyd is closely monitoring developments in the Bab el-Mandeb Strait and the Red Sea to update its sailing schedules in preparation for a gradual and full return to transit operations.
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