REGIONAL/EGYPT
  
Suez Canal Traffic
         
  • Oil shipments through the Suez Canal in the key northbound direction at 1.6mn b/d for the first 10 months of 2012 are up 22% on the same period last year. The number of VLCCs transiting northbound was 93 for January-October 2012 up from 59 a year earlier. This gives a clear indication that not only crude shipments directly using the canal but also those using the SUMED pipeline for...