EL7.AI
GeneralMedium•5 November 2026•
1 min read

Suez Canal Revenue Surges 94% to $724 Million in October

Key Facts

1Suez Canal revenue rose 94% year-on-year to reach $724 million in October.
2The waterway handled 1,490 ships in October, a 32% increase compared to the same month last year.

Suez Canal revenue rose 94% year-on-year to reach $724 million in October 2026. Al-Monitor reported that the waterway handled 1,490 ships during the month, representing a 32% increase compared to the same period last year.

Suez Canal Authority Chairman Osama Rabie stated that the waterway is seeing a remarkable improvement despite geopolitical challenges in the region, as net tonnage climbed 86% to 88 million tons. This growth comes amid expectations of continued recovery as major shipping lines return to the canal, given its critical role in global trade and supply chains.