Port News & Information Mediterranean, Black & Caspian Seas

Suez Canal Authority profit rises 4.66% y/y in July 2017

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Port Said, Egypt (Ports Europe) August 23, 2017 – Suez Canal Authority (SCA) said it posted a profit of $447.1 million (€379 million) in July 2017, up 4.66% on the year. Revenues went up by 4.2% year-on-year, the SCA said. The authority’s revenue for the first seven months of 2017 grew to $2.93 billion from $2.91 billion in…

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