Oil, gas and mining

Egypt’s Suez Canal reports record revenue despite Ever Given ship blockage | World Business Watch



Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 billion in the previous year despite the coronavirus pandemic’s effect on world trade as well as a six-day blockage by a giant Ever Given cargo ship.

#SuezCanal #Revenue #WorldBusinessWatch

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12 Comments

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  2. There is going to be a supply glut soon, triggering a deflation…

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    This is exactly what is happening

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