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21 October 2020 The on-line newspaper devoted to the world of transports 06:13 GMT+2



October 2, 2020

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In the third quarter of this year, ships Suez channel decreased by -5.6%

In the first nine months of 2020, the total was 14,019 naval units (up 1.2%)

After nine consecutive quarters of growth, in the third quarter this year maritime traffic in the Suez Canal recorded down -5.6%. The Egyptian waterway was 4,474 ships compared to 4,740 in the period July-September 2019.

Today the Egyptian Prime Minister, Mostafa Madbouly, announced that in the first nine months of 2020 the channel was 14,019 ships, an increase of 165 naval units compared to the corresponding period last year Year. In today's presentation of the business and perspectives and projects that relate to the channel, nor the Egyptian Premier and the President of the Egyptian Suez Canal, Admiral Osama Rabie, have provided further data on the evolution of transited naval and commercial traffic in the last few months in the waterway, confirming -- as presumably based on several communications from the authorities - that the Cairo government is no longer willing to divulging more information on the consistency of trades passing through the canal.

Meanwhile, the Egyptian government has set 16.9 billion Egyptian pounds (1.07 billion U.S. dollars) 2020-21 to continue the projects channel development.




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