Record traffic at the Suez Canal: A symbol of maritime prosperity
The Suez Canal continues to shine with its exceptional performance. The Chairman of the Suez Canal Authority, Osama Rabie, recently announced that the month of November recorded unprecedented shipping statistics, breaking all records in terms of number of ships, net tonnage and revenue generated .
This year, November was the busiest in the history of the Suez Canal, surpassing previous years. The figures are simply impressive: 2,264 ships passed through the canal in both directions, compared to 2,171 ships the previous year, representing an increase of 4.3%. As for net tonnages, they reached 135.5 million tonnes, an increase of 8.2% compared to last year.
These exceptional results are also reflected in the revenue generated by the channel. In November, revenues increased 20.3% to $854.7 million, up from $710.3 million the year before. A significant difference of $144.4 million which testifies to the current prosperity of the canal.
The President of the Suez Canal Authority attributes these remarkable performances to the success of the development projects and navigation services put in place. He also underlines the importance of the support of the political leadership, which made it possible to raise the channel to an international level of notoriety and to increase its digital capacity.
Furthermore, marketing policies played a key role in increasing traffic. In November, as many as 387 ships passed through the canal for the first time, generating revenue of $71.8 million. Further proof of the growing appeal of the canal for maritime players around the world.
These impressive statistics from November clearly illustrate the strategic position of the Suez Canal as a vital waterway for global trade. They also highlight the investments and efforts made to continually improve and develop the services offered by the channel.
The Suez Canal plays a major role in facilitating international trade and strengthening trade between different regions of the world. Its effective management and the success of its development initiatives are essential elements to maintain its competitiveness in the future.
In conclusion, the record traffic recorded at the Suez Canal in November testifies to its vitality and its continued influence in the global maritime domain. These impressive figures are proof of the leadership and expertise of the Suez Canal Authority, as well as the importance of this major navigation route for international trade.