The Suez Canal earned $724 million, the most since Houthi attacks on ships in the Red Sea began in 2023, said Osama Rabia, head of the canal authority. Compared to October last year, transportation revenue almost doubled, an increase of 94%. At the same time, the number of ships passing through the canal increased by 32%, and the total tonnage increased by 86%.

The Suez Canal earned $724 million, the most since Houthi attacks on ships in the Red Sea began in 2023, said Osama Rabia, head of the canal authority. Compared to October last year, transportation revenue almost doubled, an increase of 94%. At the same time, the number of ships passing through the canal increased by 32%, and the total tonnage increased by 86%.