Commodities and Futures News

Suez Canal records highest ever monthly revenue in April

05/01/2022

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2022.05.01 12:31

Suez Canal records highest ever monthly revenue in April
FILE PHOTO: A shipping container passes through the Suez Canal in Suez, Egypt February 15, 2022. Picture taken February 15, 2022. REUTERS/Mohamed Abd El Ghany

ISMAILIYA, Egypt (Reuters) – Egypt’s Suez Canal recorded its highest ever monthly revenue in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday.

The monthly revenue in April marked a 13.6% jump from the previous year, said canal authority chairman Osama Rabie in a statement. The 193 km (120 miles) waterway links the Red and the Mediterranean seas.

05/01/2022

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