Last June, the sharp contraction in the maritime traffic in the Suez Canal caused by attacks ships in transit in the Red Sea and the Gulf of Aden by Yemeni Houthi rebels who induced most shipping companies to divert their ships on the route that circumnavigates Africa passing around the Cape of Good Hope. Last June in the Egyptian channel a total of 1,043 ships transited, with a decrease in -51.8% on June 2023, of which 422 tankers (-40.6%) and 621 ships of other types (-57.2%). The net tonnage of ships transited amounted to a total of 40.9 million tonnes (-68.7%) and revenues generated by transit rights amounted to 14.9 billion Egyptian pounds (302 million EGP) dollars) (-44.2%).

In the second quarter of 2024, the Egyptian channel was crossed by a total of 3,278 ships, a number that represents a decrease of -52.2% on the same period of last year and is one of the lowest in the last twenty years being necessary go back to the first quarter of 2022, when the transits had been 3,211, to find a lower number. Transited tankers in the April-June period of this year there were 1,283 (-42.6%) and other types of ships 1,995 (-56.8%). The net tonnage of ships transited amounted to 129.6 million tons SCNT (-68.8%) and the value of transit rights totalled 46.6 billion EGP pounds (-44.4%).

In the first six months of 2024, the channel was crossed by 6,875 ships, with a decrease of -47.8% on the first half of last year, for a total of 279.9 million tons SCNT (-63.8%). There were 2,521 tankers alone (-41.4%) and other types of ships 4,354 (-50.9%). The rights of amounted to 85.7 billion EGP pounds (-44,8%).