NEWS

Focus on logistics newsletter-Suez Canal revenue decreased by 40% to 50%

Suez Canal revenue decreased by 40% to 50%


Egyptian President Seyce said recently that due to the continuous tension in the Red Sea, the traffic volume of ships in the Suez Canal in Egypt has dropped significantly, and the revenue of the Suez Canal has decreased by 40% to 50% this year.


Figures released by the United Nations agency at the end of January show that the number of ships passing through the Suez Canal has dropped by 42% in the past two months.


Suez Canal connects the Red Sea and the Mediterranean Sea, and its strategic position is important. Due to the continuous tension in the Red Sea, many international shipping companies temporarily avoid the Suez Canal route that needs to pass through the Red Sea waters.


Labille, chairman of Suez Canal Authority, said that although Egypt introduced measures such as toll discounts to attract merchant ships, it was not enough to offset the safety concerns of shipping companies.


Egypt received $9.4 billion in revenue from the Suez Canal in the 2022-2023 fiscal year. Canal revenue is one of the main sources of Egypt's national fiscal revenue and foreign exchange reserves.




苏伊士运河收入减少了40%至50%


       埃及总统塞西日前表示,受红海局势持续紧张影响,埃及苏伊士运河船舶通行量降幅明显,今年以来苏伊士运河收入减少了40%至50%。


       联合国机构1月底公布的数据显示,在过去两个月里,通过苏伊士运河的船只数量下降了42%。


       苏伊士运河连接红海和地中海,战略位置重要。由于红海局势持续紧张,多家国际航运企业暂时避开需要经过红海水域的苏伊士运河航线。


       苏伊士运河管理局主席拉比耶称,虽然埃及方面推出了通行费打折等措施吸引商船,但不足以抵消航运企业的安全担忧。


       2022至2023财年,埃及从苏伊士运河获得94亿美元收入。运河收入是埃及国家财政收入和外汇储备的主要来源之一。