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Osama Rabie

Suez Canal to increase revenues to $7.8B by end of 2022 | SCA Head

The Suez Canal has registered record results in terms of ship canal activity and crossing ships compared to the same period last year

Suez Canal recorded $703.4M in revenues during October | SCA Head

Net tonnage was up by 12.6% to 126.5 million tons in October from 112.3 million tons logged in the same period last year

Suez Canal to raise transit tolls in 2023, cites energy prices and global inflation | SCA

The SCA head added that the price hikes are due to increased energy prices, freight rates and daily tanker time-charter rates

Oil tanker blocks Suez Canal traffic near site of 2021’s EverGiven blockage saga

The vessel drifted to an almost horizontal position at around 7:15 PM, according to a SCA spokesperson talking to Extra News

Suez Canal sees highest performing month in history during July | SCA

This July’s numbers are 32.4% higher than July 2021’s recorded revenues of $531.8 million