FINANCIAL NEWS

318 ships cross Suez Canal, carrying 17.26mn tons load

15 Jan 2017

(MENAFN) Suez Canal traffic data showed that 318 ships crossed the canal, with a total load of 17.26mn tons.

Furthermore, an average of 45.43 ships transited the canal per day amid the period, with an average load of 2.47mn tons per day.

Accordingly, a decline in the canal’s revenue was reported over 2015/2016 to USD5.1bn, a fall of 4.5 percent from fiscal year 2014/2015.

However, Suez Canal revenues declined by 4.7 percent in Nov year-on-year, down to USD389.2mn from USD408.4mn.
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