Middle East Economic Survey


No 43



Suez Canal Revenues Edging Upwards, Still Trail 2008 Earnings

Traffic through the Suez Canal has risen steadily in the past eight months, with revenues and net tonnage for September up by more than 21% from the lows of February. But the number of ships passing through the canal remains well below their levels this time last year, according to the latest data published by the Suez Canal Authority (SCA). In total, 1,454 ships transited the...