Revenues from the Suez Canal were up 40% year on year (YoY) to $2.08 billion year to date (YTD), Asharq Business reported on March 21st, citing the canal authority's Chairman Osama Rabie.

A total of 5,534 vessels crossed the canal so far this year, with an increase of 19% YoY, he added.

Additionally, net tonnages increased by 16% YoY since January to reach 320 million tons, Rabie said.

 

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