The Suez Canal recorded its highest monthly revenue in April

The Suez Canal, located in Egypt, recorded its highest monthly revenue in April after invoicing $629 million in ship transit fees as traffic recovers from the impact of the pandemic, said the authority that manages the waterway.

Monthly revenue in April was 13.6% higher than a year ago, confirmed Osama Rabie, the president of the authority, in a statement.

The total number of ships that passed through the 193 km waterway linking the Red and Mediterranean Seas increased by 6.3% year-on-year to 1,929 ships.

These ships transported cargo with 114.5 million tonnes, the highest accumulated monthly net payload to transit the waterway.

The number of oil tankers, liquefied natural gas tankers, and container ships increased, respectively, by 25.8%, 12%, and 9% in April from a year earlier.

In addition to the impact of the pandemic, the flow at the canal was disrupted after a container ship ran aground in the channel in late March.

Source: Portal Portuário

To read the full original article, please go to: https://portalportuario.cl/canal-de-suez-registra-sus-ingresos-mensuales-mas-altos-hasta-la-fecha-en-abril/

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