Marine Link
Friday, December 13, 2024

Suez Canal Targets 15% Share of Global Energy Trade by 2040

Maritime Activity Reports, Inc.

January 12, 2022

© Igor Groshev / Adobe Stock

© Igor Groshev / Adobe Stock

Egypt's Suez Canal aims to have a 15% share of global energy trade by 2040, up from 8% in 2019, the canal authority said on Wednesday.

The increase would come from "adopting flexible marketing policies", it said in a statement.


(Reuters - Reporting by Moamen Said Attalah; Writing by Mahmoud Mourad; Editing by)

Subscribe for
Maritime Reporter E-News

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