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Suez Canal achieves highest monthly revenue in its history at $704M

The Suez Canal achieved the highest monthly revenue in its history with an annual increase of 32.4 percent, reaching $704 million during July 2022, up from $531.8 million during the same month of 2021, according to head of the Suez Canal Authority (SCA), Osama Rabie. Rabie added in a statement, Tuesday, that the navigation statistics in the canal during the month of July 2022 recorded new records, achieving the highest monthly transit rate in the history of the canal, amounting to 2,103 ships, as well as achieving the highest monthly net tonnage in the history of the canal to record 125.1 million tons, which contributed to the increase in the canal’s revenues during last July.

Link: https://www.egypttoday.com/Article/3/118073/Suez-Canal-achieves-highest-monthly-revenue-in-its-history-at

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