Port News & Information Mediterranean, Black & Caspian Seas

Suez Canal expects a record breaking $8 billion in revenue

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Port Said, Egypt (PortSEurope) December 26, 2022 – Egypt’s Suez Canal expects revenue to reach the record-breaking $8 billion in its current fiscal year (from July 1 to June 30), the chairman of the Suez Canal Authority (SCA) managing the canal, Admiral Ossama Rabiee, said. The revenue for 2021 was $6.333 billion. More than 23,000 ships…

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