Suez Canal revenues were $ 5.61 billion in 2020, declining from $ 5.8 billion in 2019. During 2020, the canal recorded the crossing of 18829 ships, with a total net tonnage of 1.17 billion tons (one billion and 169 million tons), which is the second highest annual net tonnage in the history of the canal. These figures come against the passage of 18880 ships with a total net tonnage of 1.21 billion tons (one billion and 207 million tons) during 2019, a difference not exceeding 51 vessels and only 38.1 million tons between the two years.
The head of the Suez Canal Authority, Osama Rabie, indicated that "it was decided to fix fees for all types of ships crossing the canal in 2021," stressing, "The authority's keenness to take all the measures and measures required by managing the current crisis and the imperative necessity to deal with global variables with complete flexibility and awareness of the relationship of influence and vulnerability between trade traffic passing through the canal and the unfavorable conditions that the global economy and the maritime transport industry is going through."
The Suez Canal Authority issued new decisions regarding the fees for ships crossing the canal, and the flexible marketing policies and incentives granted to ships transiting the canal during 2021, with the transit fees fixed for all types of ships crossing the canal as they were in 2020. The decisions included the renewal of all navigational publications on incentives and reductions that were adopted during the past year for some classes of ships, as part of the efforts made to deal with the unfavorable conditions and the unprecedented challenges imposed by the Coronavirus pandemic.
Source (Al-Arabiya.net, Edited)
