Egypt’s Suez Canal Authority stated on Thursday its revenues in April have been $552 million in contrast with $476 million in the identical month final 12 months.
The canal’s authority stated 1,814 ships transited in April, up from 1,731 ships in the identical month final 12 months.
A large container ship blocked the waterway in late March inflicting an enormous backlog of vessels ready for passage in what’s the quickest shipping route between Europe and Asia.
(Reporting by Yusri Mohamed; Writing by Nadine Awadalla; Modifying by Chris Reese)
