Suez Canal Authority records May revenues of USD53M

Suez Canal Authority records May revenues of USD53M

MENAFN.com

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(MENAFN)The Suez Canal Authority marks last month revenues of USD530 million that is considered the second-highest monthly revenue in the authority�s history. It is ready to tackle any crises, and that a strategy was set to handle repercussions of the pandemic, stated Osama Rabie, head of the authority. Some 1,712 ships transmitted via the canal in last month, in comparison to 1,602 in the previous year same time span, an improvement of 9.6 percent. Tonnages reached to 10.6 million in last month, in comparison to 9.94 million tons in the preceding year same period, a boost of 11.8 percent.

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