No 10



Suez Canal Transit Revenues Rise Slightly To $1,963Mn In 2002

The Suez Canal Authority has reported total receipts of $1,963mn from transit fees in 2002, compared to $1,911mn in 2001. The number of carriers transiting the canal in 2002 consisted of 10,973 non-oil vessels and 2,474 oil tankers, compared to 11,222 and 2,784 respectively in 2001. In terms of volume a total of 448.8mn tons transited the canal in 2002, consisting of 350.6mn tons of non-oil tonnage...