The Suez Canal had record revenues in 2021

The Suez Canal had record revenues in 2021

The figure represents a 13% increase over 2020Said the president of the Suez Canal Authority (SCA), Osama Rabie, in a statement, explaining that 1.27 billion tons of cargo passed through the canal, “which exceeds all the figures registered so far.”

The number of ships that used the canal reached 20,694, compared to 18,830 in 2020, that is, more than 56 boats per day, indicated the public body.

And all this despite the blockade of the canal in March by the gigantic container ship “Ever Given”, which caused a major disruption to world maritime trade.

On March 23, the ship ran aground on its bow on the eastern bank of the pass, completely blocking traffic for six days.

According to the SCA, Egypt lost between $ 12 million and $ 15 million per day of closure and one of its employees died while the ship was refloating.

Situated between the Red Sea and the Mediterranean Sea, the Suez Canal carries around 10% of the world’s maritime trade and is a valuable source of foreign exchange for Egypt.

Source From: Ambito

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