Suez Canal sees record monthly revenue in April on higher traffic
ISMAILIYA, Egypt (Reuters) -Egypt’s Suez Canal recorded its highest month-to-month income up to now in April, reaping $629 million in ship transit charges, the authority managing the waterway mentioned on Sunday, as site visitors rebounded from the affect of the pandemic.
The month-to-month income in April was 13.6% increased than a 12 months in the past, canal authority chairman Osama Rabie mentioned in an announcement.
The full variety of ships that handed via the 193 km (120 miles) waterway that hyperlinks the Pink and the Mediterranean seas elevated by 6.3% from a 12 months in the past to 1,929 vessels.
They carried cargoes weighing in whole 114.5 million tonnes, the very best month-to-month internet cumulative payload to transit the waterway, he mentioned.
The variety of oil tankers, liquefied pure gasoline tankers and container carriers elevated respectively by 25.8%, 12% and 9% in April versus a 12 months in the past, he added.
Along with the affect of the pandemic, final 12 months’s flows have been disrupted after a container ship ran aground within the canal in late March.
(Reporting by Yusri Mohamed, Writing by Maher Chmaytelli,Modifying by Andrew Cawthorne and Barbara Lewis)
