VOL. XLI

No. 34

24-August-1998

EGYPT

Suez Canal Receipts Down 2% In First Half 1998

Suez Canal revenues fell by 1.98% to $873.2mn in the first half of 1998 from $890.8mnin 1H 1997, according to figures compiled by MEES from the monthly bulletins of theEgyptian Cabinet's Information and Decision Support Center (IDSC). The number of vesselsthat transited the canal in 1H 1998 was 6,838, including 1,109 tankers. Both were lower by6.16% and 6.96% respectively from the corresponding figures of 7,287...