Suez Canal Indicators Hit Record in November

Updated 12/6/2023 9:48:00 AM
Suez Canal Indicators Hit Record in November

The Suez Canal has generated the highest monthly revenue in its history, amounting to $854.7 million, in November, with an annual growth rate of 20.3%, according to a statement by the Suez Canal Authority (SCA).

The number of vessels that crossed the canal in November increased by about 4.3% to 2,264, with a monthly record high of net tonnage at 135.5 million tons, marking an 8.2% year-on-year (YoY) increase.

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