The Suez Canal generated $724 million in revenue, the highest since the Houthis began attacking ships in the Red Sea in 2023, Suez Canal Authority head Osama Rabia said. Compared to October last year, transit revenues almost doubled (94%), the number of ships increased by 32% and the tonnage increased by 86%.

The Suez Canal generated $724 million in revenue, the highest since the Houthis began attacking ships in the Red Sea in 2023, Suez Canal Authority head Osama Rabia said. Compared to October last year, transit revenues almost doubled (94%), the number of ships increased by 32% and the tonnage increased by 86%.