Suez Canal revenues rise to $5.585bn in FY2017/18

Cairo – Mubasher: The Suez Canal’s revenues have increased 11.5% in the fiscal year 2017/2018, which has not yet ended, compared to the previous fiscal year.

Revenues of ships passing through the Suez Canal amounted to $5.585 billion during the fiscal year 2017/2018, a rise from $5.008 billion in the year-ago period, according to a statement by the Suez Canal Authority (SCA).

On Saturday, the SCA stated that the Suez Canal’s revenues had risen by $503 million in May.

Mubasher Contribution Time: 17-Jun-2018 14:45 (GMT)
Mubasher Last Update Time: 18-Jun-2018 12:26 (GMT)