Middle East Economic Survey
Suez Canal Authority Reports 8% Increase In 2005 Vessel Traffic
The Suez Canal Authority (SCA) said in its Yearly Report 2005 that traffic through the 190km waterway increased by 8% during 2005 to 18,193 ships, compared to 16,850 in 2004 (MEES, 25 July 2005), the equivalent of a daily average transit of 50 ships. Net tonnage increased by 8.1% to 671.8mn tons in 2005, compared to 621.3mn tons in 2004. During 2005, the number of tankers...