The Clap
In July 2022, the Suez Canal recorded $704 million in revenues, the largest ever revenue in its history.
The Deets
According to the Suez Canal Authority, the revenues during July 2022 increased by 32.4% in comparison to July 2021.
Why the Jump in Revenues?
The Suez Canal Authority justified the increase in revenues due to growth in the number of oil tankers by 60.2%. The revenue from oil tankers alone reached $153 million.
Natural gas carriers increased by 31% as well, recording their highest revenue of $52 million in July.
Highest Daily Revenue
On July 29, 2022, the Suez Canal recorded its highest ever revenue in its history at $31.8 million.
Suez Canal records highest ever revenues in July 2022 🚢
