Suez Canal Revenues Plunge in November

Maritime Activity Reports, Inc.

January 15, 2019

file Image: A boxship transits the Suez Canal (CREDIT: AdobeStock / © Andriy Kovach

file Image: A boxship transits the Suez Canal (CREDIT: AdobeStock / © Andriy Kovach

Egypt's Suez Canal revenues fell to $461.5 million in November, down around 8.8 percent from October's $506.1 million, data from the cabinet's website showed on Tuesday.

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


Reporting by Ahmed Tolba

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