Suez cargo hit record high last yearAFP, CAIROEgypt’s Suez Canal Authority said that the key waterway netted record revenues last year, despite the COVID-19 pandemic and a six-day blockage by the giant cargo ship Ever Given. About 1.27 billion tonnes of cargo were shipped through the canal last year, earning US$6.3 billion in transit fees, 13 percent more than in 2020, and the highest figures ever recorded, the Suez Canal Authority (SCA) managing director Osama Rabie said. People watch a shipping container pass through the Suez Canal in Ismailia, Egypt, on Oct. 5 last year. In March, the Ever Given super tanker — a behemoth with deadweight tonnage of 199,000 — became stuck diagonally across the canal during a sandstorm. Egypt lost up to US$15 million each day during the canal closure, the SCA said.

Source: Taipei Times January 03, 2022 23:28 UTC