Egypt: Suez Canal indicators fall in Q3 2024

Additionally, net tonnage dropped to 126.8mln tons, marking a 70% fall compared to the previous year

Staff Writer, Arab Finance

October 16, 2024

PHOTO

Egypt - In the third quarter (Q3) of 2024, Suez Canal indicators showed a significant decline, with a total of 2,882 vessels passing through the canal, representing a 56% year-on-year (YoY) decrease, according to the IMF PortWatch.

Additionally, net tonnage dropped to 126.8 million tons, marking a 70% fall compared to the previous year.

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