The Suez Canal Authority (SCA) forecasts $8.7 billion in revenue in 2023

The Suez Canal, located in Egypt, shows higher forecasts for 2023. The authorities announce revenues of 8.7 billion dollars this new year once morest 7 billion dollars in 2022. While the effects of the war in Ukraine have swallowed up several economies, the canal recorded nearly 1.32 billion tonnes of transit goods in 2022. This infrastructure, which received nearly 10% of the world’s merchant flows, i.e. more than 23,000 ships, announced last September a new increase in rights of passage for ships from the 1st


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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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