Suez Canal Revenues Reach $552 Million in April

Thursday, May 20, 2021

Egypt's Suez Canal Authority said on Thursday its revenues in April were $552 million compared with $476 million in the same month last year.

The canal's authority said 1,814 ships transited in April, up from 1,731 ships in the same month last year.

A massive container ship blocked the waterway in late March causing a huge backlog of vessels waiting for passage in what is the fastest shipping route between Europe and Asia.


(Reporting by Yusri Mohamed; Writing by Nadine Awadalla; Editing by Chris Reese)

Categories: Finance

Related Stories

Argentinian Grain Ports Resume Normal Operations After Strike

Dirty Tanker Vessel Loadings Drop 62%

Strike Hinders Argentina Grain Port Activity

Current News

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Argentinian Grain Ports Resume Normal Operations After Strike

Tymor Marine Conducts Digital Survey Aboard Global Mercy

Subscribe for Maritime Logistics Professional E‑News