The revenues of the Suez Canal fell in half due to the crisis in the Red Sea
Due to the crisis in the Red Sea, caused by Yemeni Houthi attacks on civilian vessels, the income of the Suez Canal has almost halved.
Due to the crisis in the Red Sea, caused by Yemeni Houthi attacks on civilian vessels, the income of the Suez Canal has almost halved.
Companies that trade in agricultural products and ore demand that shipowners continue operations in the Suez Canal, despite the crisis in the Red Sea.
The supply of wheat through the Suez Canal in the first half of January decreased by almost 40% to 0.5 million tons.
Gas tankers from Russia began to avoid entering the Suez Canal due to the risk of shelling by the Yemeni Houthis.
At the beginning of January 2024, the number of ships that crossed the Suez Canal decreased by 30% – due to the deterioration of the situation in the Red Sea.
Work continues to tow the bulk carrier Glory after it ran aground in the Suez Canal on Monday morning.
A record 112 ships passed through the Suez Canal during one day — 18% more than the previous record set on November 7.
Ocean carriers could be on course to make a profit of $100bn this year.
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