Red Sea crisis bites deep for Egypt as Suez Canal fees plummet

Veson Nautical says container ships have fled the Suez Canal, but only achieved slightly higher rates

Veson Nautical analyst Rebecca Galanopoulos-Jones found a significant drop in Suez Canal toll fees being paid to the Egypt.
Veson Nautical analyst Rebecca Galanopoulos-Jones found a significant drop in Suez Canal toll fees being paid to the Egypt.Photo: Alibra
Published 6 February 2024, 12:13Updated 7 February 2024, 12:50
Suez CanalRed Sea crisisVeson Nautical