Suez Canal revenues record 703.4 million dollars October 2022

Suez Canal revenues record 703.4 million dollars October 2022

According to the average daily return accounts for the month, Osama Rabie, Chairman of the Suez Canal Authority, announced on Saturday that the Suez Canal’s revenues for the month of October totaled 703.4 million dollars, up from 552. 9 million dollars in the same month last year. This represents a difference of $150. 5 million and a rate An increase of 27. 2%.

On Tuesday, October 18, 90 ships from both directions were expressed without waiting, carrying a total net load of 6, breaking the previous record for the largest daily net payment of ships crossing in the history of the channel. The movement of the navigation of the channel had set new, unheard-of records in terms of daily transit statistics during the current month.

According to a statement made by the Egyptian Cabinet’s information division, 2 million tonnes exceeded all previously documented figures.
The commission’s leader, Lieutenant General Osama Rabie, was unable to navigate through the channel, which was being used by 65 ships travelling in both directions with a combined net load of 3. 7 million tonnes.

The head of the commission was eager to monitor the progress of the work while he was in Marina and among the guides in Ismailia. He assured them of the regularity of work in all locations related to the regulation of the navigation movement, wished them well and praised the tremendous effort put forth to maintain the channel’s leadership.

The head of the authority emphasized that the navigation reports of the channel reflects in a way that does not doubt the lack of authenticity of the voices that questioned the economic feasibility of the new Suez Canal project, which succeeded in achieving the target of it by raising the efficiency of the channel by increasing its numerical and absorptive capacity, and the consequent increase in the average daily transit of ships The passage of the channel, which increases the channel’s readiness to take present-day and future huge ships with elaborate rites, points to the achievement of October’s highest average daily transit of 68 ships.

.

revenue record for the Suez Canal of 703.4 million dollars in October 2022

About Author

World