Suez Canal Revenues Reach $552 Million in April

May 20, 2021

(Photo: Suez Canal Authority)
(Photo: Suez Canal Authority)

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)

Logistics News

Lee Wise Named President of W.S. Darley & Co.

Lee Wise Named President of W.S. Darley & Co.

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

d’AMICO Orders Pair of Eco Design Vessels

d’AMICO Orders Pair of Eco Design Vessels

Subscribe for Maritime Logistics Professional E‑News

Russia and Ukraine accuse each other of attacks on civilians on New Year's Day
Finland suspects ship damaging cable in Baltic Sea in latest incident
Europe stocks close at another record high as banks and miners lead