Suez Canal Records Revenue Gains as Global Shipping Gradually Recovers

2026-02-09 - 17:16

The Suez Canal revenues rose by 24.5 percent in the final quarter of 2025, alongside a 9 percent increase in vessel traffic, according to the chairman of the Suez Canal Authority (SCA), Osama Rabie, on Sunday, 8 February. The total revenue increased from USD 880 million (EGP 41.3 billion) in the final quarter of 2024 to an estimated USD 1.1 billion (EGP 51.6 billion) in the final quarter of 2025. Dollar-denominated transfers also climbed by 24.2 percent during the period, signaling a gradual recovery in global shipping and renewed confidence in one of the world’s most critical maritime corridors. The upward trend continued into early 2026, Rabie stated. From the first of January through 7 February, the number of transiting vessels increased by 5.8 percent compared with the same period a year earlier, while dollar revenues rose by 22 percent. Additionally, SCA reported an 18.5 percent increase in revenues during the first half of fiscal year 2025/2026, as shipping traffic gradually returned amid improving security conditions in the Red Sea. He attributed the gains to a combination of marketing initiatives and technical measures aimed at restoring transit volumes after months... This content is for members only. Visit the site and log in/register to read.