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You are here: Home → Archive → 2009 → July → Weekly Edition 2nd of July 2009 → Suez Canal revenues set to fall

Suez Canal revenues set to fall

by Jim Wilson — last modified Jul 03, 2009 04:39 PM

SUEZ Canal revenue is projected to decline by around 14% to about US$4.7bn this year compared with US$5.4bn in 2008, according to local reports quoting a Suez Canal Authority official.

But figures from Lloyd’s Marine Intelligence Unit reveal that the number of transits this year has clocked up an even sharper fall, meaning that the prognosis appears to be on the optimistic side.
Transits of commercial vessels from January...

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