Photo by: Reuters
Egypt’s Suez Canal recorded its highest monthly revenue to date in April, when ship-transit fees surged to $629-million as traffic rebounded from the impact of Covid. The total number of ships passing through the 193-km waterway linking the Red and Mediterranean seas increased by 6.3% from a year ago to 1 929 vessels. The number of oil tankers, liquefied natural gas tankers and container carriers increased by 25.8%, 12% and 9% respectively in April versus a year ago, Reuters reports. Photograph: Reuters