The number of vessel transits through the Suez Canal decreased 1.1 percent year-on-year in 2011, while revenue rose by nearly 10 percent due to the increasing sizes of ships moving through the waterway.
Vessel transits decreased to 17,799, while revenue topped $5.2 billion, the first time the canal has passed the $5 billion plateau, the canal authority said this week. More than half of the tonnage passing through the canal comes from containerships.
Bigger ships raise Suez’s revenue
