Suez Canal

Fifty-seven ships transited the Suez Canal in both directions on Saturday, carrying a total cargo of 3.3 million tons, said chairman of the Suez Canal Authority Mohab Mamish.

The south-bound convoy included 37 vessels, while the north-bound convoy included 20 ships.

Egypt inaugurated the new Suez Canal on August 6. The New Suez Canal will massively increase the capacity of the existing canal and offer an important opportunity to boost the country’s economy.