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Suez Canal achieves record revenue

Cairo, Jul 12 (Prensa Latina) The Suez Canal achieved 5.84 billion dollars in the 2020-21 fiscal year, the highest revenue in its history, an official Egyptian source reported on Monday.

Despite the Ever Given container ship blocked the canal for six days, revenue in the first half of 2021 marked a 8.6-percent increase, around three billion dollars, compared to 2.76 billion dollars during the same period last year, the Suez Canal Authority (SCA) said in a communique.

In the last six months, 9,763 ships with 610.1 million tons of cargo have passed through the canal.

Built between 1859 and 1869, the 163-kilometer long Suez Canal is a man-made sea-level waterway, connecting the Mediterranean Sea to the Red Sea.

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