Suez Canal's revenue soared to $1.5 billion in the 1st two months of 2023

Posted on March 27, 2023   |  

From January-February 2023, the revenue of the Suez Canal increased to a record $ 1.5 billion, compared to $ 1.1 billion in the same period of 2022.

In those two months, 4117 ships cut across the Suez Canal, compared to 3487 ships that crossed during the same period last year; The net trans-tonnage loads grew in January and February 2023 to record 237.3 million tons, compared to 206.3 million tons during same period last year.

The Suez Canal is one of the most important shipping lanes in the world and is expected to generate revenues of $ 8.7 billion in 2023, compared to $ 7.9 billion last year.