28814 members and growing – the largest networking group in the maritime industry!

LoginJoin

Sunday, November 29, 2020

Maritime Logistics Professional

November 19, 2020

Suez Canal October Revenue Rises Month-on-month

© Andrej Pol / Adobe Stock

© Andrej Pol / Adobe Stock

Egypt’s Suez Canal revenue rose to $490.2 million in October from $470.7 million in September, the cabinet said on Thursday.

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


Reporting by Momen Saeed Atallah; writing by Nadine Awadalla; editing by Jason Neely