The Suez Canal records the highest monthly revenue in its history of $704 million and the largest monthly net tonnage of 125.1 million tons during July

Business Hub – Cairo:

Lieutenant-General Osama Rabie, head of the Suez Canal Authority, announced, Today Tuesday , The navigation statistics of the channel during the month of July 2022, New records were set, achieving the highest monthly transit rate in the history of the canal, reaching 2,103 ships. The highest monthly net tonnage in the history of the canal was 125.1 million tons, which was reflected in the increase in the canal’s revenues, to record the highest monthly revenue in its history, amounting to 704 million dollars.

The head of the authority explained that the navigation movement in the canal during the month of July 2022 witnessed the transit of 2103 ships from both directions compared to the crossing of 1670 ships during the month of July last year, a difference of 433 ships, an increase of 25.9%. Total net tonnages amounted to 125.1 million tons, compared to 105.8 million tons in July of last year, a difference of 19.3 million tons, an increase of 18.2%.

Lieutenant-General Rabie added that the revenues of the Suez Canal during the month of July of the Gregorian year 2022 amounted to 704 million dollars, compared to 531.8 million dollars during the month of July of last year, a difference of 172.2 million dollars. With an increase of 32.4%.

The head of the authority pointed out what the navigational reports monitored during the month of July 2022 of a significant jump in the rates of transit of various types of ships compared to the same month last year. The number of oil tankers increased by 60.2% to achieve the highest monthly revenue of oil tankers ever, amounting to 153 million dollars. The number of liquefied natural gas tankers increased by 31% to achieve the highest monthly revenue for liquefied natural gas tankers in the history of the canal, amounting to 52 million dollars. While the bulk ships increased by 21%, achieving the highest monthly revenue for casting ships in the history of the canal, amounting to 121 million dollars. The transit rates of container ships transiting the canal increased by 8.8%, achieving the second highest monthly revenue of $314 million.

noteworthy, The navigation statistics during the month of July were recorded last July 29, the highest daily revenue in the history of the canal and the second highest daily net tonnage in the history of the canal, as 85 ships crossed the Suez Canal on that day from both directions. With a total daily net tonnage of 5.6 million tons, Achieving the highest daily revenue in the channel’s history of $31.8 million.