Suez Canal Revenues Jump in August

Thursday, September 20, 2018

Egypt’s Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period last year, the cabinet said in a statement on Wednesday.

The canal is the fastest shipping route between Europe and Asia and one of the government’s main sources of foreign currency.


(Reporting by Yusri Mohamed, writing Amina Ismail; Editing by Toby Chopra)

Categories: Finance

Related Stories

High Visibility Border Patrol Conducted at Australian Port

Ocean-Based Carbon Capture for Commercial Vessels

Stolt-Nielsen Limited Executive Management Update

Current News

High Visibility Border Patrol Conducted at Australian Port

October U.S. Container Imports Flatten

AAPA Proposes Alternative Policies to USTR

Brazilian Plants Approved to Export Sorghum, Grains to China

Subscribe for Maritime Logistics Professional E‑News