Egypt: Suez Canal revenues reach $552m in April

Canal's authority says 1,814 ships transited in April, up from 1,731 a year ago

Last updated: May 21, 2021 | 02:12

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This satellite imagery released by Maxar Technologies shows the MV Ever Given container ship in the Suez Canal on the morning of March 28, 2021.

AFP

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Cairo: 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.

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