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Suez Canal Revenues Reach $552 Million in April

Maritime Activity Reports, Inc.

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)

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