Egypt Says Suez Canal 'Safe' as Shipping Traffic Returns to Normal
8 Articles
8 Articles
Why the Suez Canal’s Recovery Matters for Egypt’s Economy
The Suez Canal is beginning to reclaim its position at the heart of global maritime trade, with rising vessel traffic and the return of major shipping services suggesting that the waterway is emerging from one of the most difficult periods in its history. In August, 1,358 vessels transited the canal, up 27 percent from 1,070 vessels during the same month last year, according to a statement by Suez Canal Authority Chairman Osama Rabie on Sunday…
The Suez Canal revenue jumps 56.7% to $567.1 million in August, with ship numbers rising 27% and cargo 51.1%, amid improved navigation and regular transit.
Suez Canal Revenue Jumps 57% as Major Carriers Return
Suez Canal revenues surged 56.7% year-on-year to $567.1mn in August, as larger vessels and heavier cargo volumes returned to the waterway, strengthening signs that traffic is recovering from the Red Sea disruption that began in late 2023. The Canal handled 1,358 vessels, up 27% from 1,070 a year earlier, while net tonnage jumped 51.1% to […]
Suez Canal traffic rises 27% in August as Egypt increases maritime services - Dailynewsegypt
Suez Canal traffic increased in August 2026, with 1,358 vessels transiting the waterway carrying a combined net tonnage of 68.3 million tonnes and generating $567.1m in revenues, according to Osama Rabie, Chairperson of the Suez Canal Authority (SCA). Rabie made the remarks during Egypt’s World Maritime Day 2026 celebrations, organised by the Maritime Transport Sector
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