Why the Shipping Industry Isn’t Rushing Back to the Red Sea
The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
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Egypt to buy electricity from Red Sea wind farm at $2.4 cents/kWh
The Egyptian government has set a purchase price of $2.4 cents per kilowatt-hour (kWh) for electricity generated from Saudi-listed ACWA Power’s 2-gigawatt (GW) wind energy project on the Red Sea coast ...