Independent journal on economy and transport policy
17:17 GMT+1
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In February the transits of ships in the Suez Canal have increased of +11.8%
Revenues generated by transit rights grew by +15.1%. Today the new tariff increase comes into force
March 1, 2022
The net tonnage of ships transited in February 2022 in the channel amounted to 100.1 million tons SCNT, volume that represents a growth of +2.5% on the February of the last year and the new record for the month of February being about 98 thousand tons higher than the previous peak established in February 2020.
In February 2022 the Suez Canal also marked the new record for this month of revenues generated by transit rights of the ships that amounted to 545.5 million dollars, with a increase of +15.1% on February 2021. The previous peak for the month of February had been achieved in 2019 with 483.9 million Dollars.
The Suez Canal Authority has announced that in February 2022 it is there was a significant increase in revenues generated by transit rights for vessels, in particular those applied bulk carriers (+29.0%), container ships (+11.8%) and cars carrier (+22.2%). Recall that at the end of 2021 the authority had planned increase in transit rights applicable in 2022 ( of 4 November 2021), inflation followed by a new rise of the tariffs announced yesterday by the SCA and already applied to starting today ( of 28 February 2022).
In the first two months of 2022 the Egyptian canal was crossed by 3,487 ships for a total net tonnage of 206.1 million SNTs, with increases of +11.6% and +2.1% on the corresponding period last year. Revenues generated by transits amounted to almost 1.1 billion dollars (+12.4%).
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