{"id":558732,"date":"2021-08-24T03:58:28","date_gmt":"2021-08-24T03:58:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/suez-canal-revenues-are-up\/"},"modified":"2021-08-24T03:58:28","modified_gmt":"2021-08-24T03:58:28","slug":"suez-canal-revenues-are-up","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/suez-canal-revenues-are-up\/","title":{"rendered":"Suez Canal revenues are up"},"content":{"rendered":"

<\/a> Suez Canal revenues rose almost 11.2% y-o-y to USD 3.88 bn from January to <\/strong>August<\/strong>, compared with the preceding year when revenues came in at USD 3.49 bn, Suez Canal Authority (SCA) boss Osama Rabie told a Sada El Balad Sunday (watch, runtime 9:03<\/a>). Reuters<\/a> also had the story.<\/p>\n

Suez Canal revenues hit a record <\/strong>USD 5.84 bn<\/a><\/strong> in FY2020-2021<\/strong>, up slightly from USD 5.72 bn the year before, despite the Ever Given crisis<\/a> that blocked the canal for almost a week in March. Almost 9.8K ships crossed the canal during 1H2021, compared to 9.5K ships last year.<\/p>\n

The SCA has been making an effort to boost traffic through the canal<\/strong>, slashing transit fees for LNG tankers at the end of 2020<\/a> and some container ships at the beginning of July<\/a>, and freezing transit fees for all ships at 2020 rates<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Suez Canal revenues rose almost 11.2% y-o-y to USD 3.88 bn from January to August, compared with the preceding year when revenues came in at USD 3.49 bn, Suez Canal Authority (SCA) boss Osama Rabie told a Sada El Balad Sunday (watch, runtime 9:03). Reuters also had the story. Suez Canal revenues hit a record […]<\/p>\n","protected":false},"author":1,"featured_media":558733,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8996],"tags":[72,145,7143,7103,133,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-558732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-suez-canal","tag-enterpriseam","tag-logistics","tag-osama-rabie","tag-suez-canal","tag-suez-canal-authority","tag-trade","wpautop","entry"],"acf":{"mongo_id":"90fd8c38-9b5f-487e-bf21-3577b7550be1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/8\/245.jpg","photo_position":"above","related_issue":[558721],"teaser":"","voice_url":""},"yoast_head":"\nSuez Canal revenues are up - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/24\/suez-canal-revenues-are-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suez Canal revenues are up\" \/>\n<meta property=\"og:description\" content=\"Suez Canal revenues rose almost 11.2% y-o-y to USD 3.88 bn from January to August, compared with the preceding year when revenues came in at USD 3.49 bn, Suez Canal Authority (SCA) boss Osama Rabie told a Sada El Balad Sunday (watch, runtime 9:03). Reuters also had the story. 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