Declining Suez canal traffic reflects the slowing down of the global economy

Egyptians call it “Egypt’s gift to the world.” As the fastest shipping route between Europe and Asia, Suez Canal traffic and revenue is an accurate indicator of global growth, or lack thereof. Suez Canal revenues fell by $13.3 million in September, from $462.1 million to $448.8 million in September. This also represents a year on …
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Author: hellenicshippingnews

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