Suez Canal Revenues Jump in August

Maritime Activity Reports, Inc.

September 20, 2018

© Carabay / Adobe Stock

© Carabay / Adobe Stock

Egypt’s Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period last year, the cabinet said in a statement on Wednesday.

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


(Reporting by Yusri Mohamed, writing Amina Ismail; Editing by Toby Chopra)

Maritime Reporter Magazine Cover May 2019 - Propulsion Annual - Green Marine Tech

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News