Suez Canal

Sixty ships transited the Suez Canal in both directions on Wednesday with a total cargo of 3.4 million tons, said chairman of the Suez Canal Authority Mohab Mamish.

The south-bound convoy included 32 vessels, while the north-bound convoy included 28 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.