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SCA to increase Suez Canal annual revenues by $1 billion

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Suez, Egypt (Ports Europe) April 18, 2019 – Suez Canal Authority (SCA) aims to increase the annual revenues of the Suez Canal by $1 billion (€888 million), president Mohab Mamish said. Тhe Suez Canal’s revenues amounted to EGP 76.14 billion ($4.4 billion/€3.9 billion) between July 2018 and March 2019. “About 20,000 vessels crossed the channel…

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