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بوابة الشروق
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Osama Rabei: Suez unaffected by Hormuz closure
The Chairman of the Suez Canal Authority, Major General Osama Rabei, reported that the number of ships passing through the canal increased by 10% during the current fiscal year, with cargo volumes rising by 22% and revenues in U.S. dollars increasing by 23%, amounting to approximately $4.7 billion. He noted that changes in the maritime straits have not significantly affected transit movement, and that the Bab el-Mandeb Strait accounts for 49% of the passing ships. He further clarified that only 7% of ships pass through the Strait of Hormuz, and that Saudi Arabia has altered its shipping routes to avoid the region.
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