Dec 12 2011 |
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Egypt's Suez Canal Authority Says Revenues Up 5.5% in November
Monday, Dec 12, 2011
CAIRO (Zawya Dow Jones)--Revenue from Egypt's main waterway, the Suez Canal , rose 5.5% year on year in November to $435.5 million, according to the latest data from the Suez Canal Authority .
Revenues are still down 2.7% from the $447.9 million recorded in the previous month.
The Suez Canal Authority said the canal registered a 7.6% increase in cargo traffic in November, compared with the same month in 2010, with a 5.6 million ton jump in net tonnage passing through the waterway.
Copyright (c) 2011 Dow Jones & Co.
12-12-11 0829GMT
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