Suez Canal revenues increase to USD 458.2 mn in February

Suez Canal revenues increased slightly y-o-y in February to reach USD 458.2 mn, up from USD 433.9 mn during the same month last year, according to Reuters. February’s revenues dipped m-o-m from USD 497.1 mn in January. The increase was driven by more ships transiting the channel from both sides and loads rising by 12.8% y-o-y, according to Al Mal.