News
The Suez Canal is beginning to reclaim its position at the heart of global maritime trade, with rising vessel traffic and the return of major shipping services suggesting that the waterway is emerging from one of the most difficult periods in its history. In August, 1,358 vessels transited the canal, up 27 percent from 1,070 vessels during the same month last year, according to a statement by Suez Canal Authority Chairman Osama Rabie on Sunday, 20 September. Net tonnage…