{"id":6260,"date":"2022-01-03T04:12:06","date_gmt":"2022-01-03T03:12:06","guid":{"rendered":"https:\/\/towncryyers.com\/?p=6260"},"modified":"2022-01-03T04:12:09","modified_gmt":"2022-01-03T03:12:09","slug":"suez-canal-revenues-hit-all-time-record-at-6-3-billion","status":"publish","type":"post","link":"https:\/\/towncryyers.com\/index.php\/2022\/01\/03\/suez-canal-revenues-hit-all-time-record-at-6-3-billion\/","title":{"rendered":"Suez Canal Revenues Hit All-Time Record At $6.3 Billion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By AP<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Egypt\u2019s Suez Canal said Sunday its annual revenues reached $6.3 billion last year, the highest in the crucial waterway\u2019s history. Admiral Ossama Rabei, head of the Suez Canal Authority, said last year\u2019s revenues rose 12.8%, compared to 2020, when the canal achieved $5.6 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He said in a statement that 20,649 vessels flowed through the Suez Canal last year, an increase of 10% compared to 18,830 vessels in 2020.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About 10% of global trade, including 7% of the world\u2019s oil, flows through the Suez Canal, which connects the Mediterranean and Red seas. The canal, first opened in 1869, is source of national pride and foreign currency to Egypt.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unprecedented 2021 revenues came as the shipping industry is still under pressure from two years of the coronavirus pandemic. The canal, one of the world\u2019s most vital waterways, was blocked for six days in March when a massive Panama-flagged container ship, the Ever Given, ran aground in the single-lane stretch of the waterway.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By AP Egypt\u2019s Suez Canal said Sunday its annual revenues reached $6.3 billion last year, the highest in the crucial waterway\u2019s history. Admiral Ossama Rabei, head of the Suez Canal Authority, said last year\u2019s revenues&#8230;<\/p>\n","protected":false},"author":1,"featured_media":6261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[8],"tags":[2091,1769,2090],"class_list":["post-6260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-canal","tag-revenue","tag-suez"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Suez Canal Revenues Hit All-Time Record At $6.3 Billion - Towncryyers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/towncryyers.com\/index.php\/2022\/01\/03\/suez-canal-revenues-hit-all-time-record-at-6-3-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suez Canal Revenues Hit All-Time Record At $6.3 Billion - Towncryyers\" \/>\n<meta property=\"og:description\" content=\"By AP Egypt\u2019s Suez Canal said Sunday its annual revenues reached $6.3 billion last year, the highest in the crucial waterway\u2019s history. 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