Suez Canal sets earnings and freight volumes record
April was a record month for one of the world trade’s most crucial infrastructure arteries. Both earnings and freight volumes reached new heights for the Suez Canal.
by KIM WIESENER
Last month, the Suez Canal in Egypt earned USD 629m from ship traffic, an increase of 13.6% compared to the same month in 2021. As such, April was the most lucrative in the Canal’s more than 150-years-long history.
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