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Egypt affirmed that the Suez Canal remains "secure" and that maritime traffic is operating normally along one of the world's most important shipping routes.
According to a statement from the Suez Canal Authority (SCA), its chairman, Osama Rabie, spoke at a ceremony held in Alexandria on the occasion of World Maritime Day 2026, organized by the Maritime Transport Sector of the Ministry of Transport.
Rabie noted that the transit of vessels through the canal was proceeding regularly and that revenues reached $567.1 million in August, representing a 56.7% increase compared to $326 million in the same month of 2025.
He highlighted that shipping traffic remained stable and services were provided with high efficiency, adding that the canal pilots performed their duties with the highest levels of readiness and professionalism.
According to navigation reports, 1,358 vessels with 68.3 million metric tons of net cargo transited the canal in August, compared to 1,070 vessels and 45.2 million metric tons recorded during the same month last year.
Rabie indicated that this represented increases of 27% in the number of vessels, 51.1% in net cargo, and 56.7% in revenues.
Referring to global and regional geopolitical changes in recent years, the head of the SCA noted that international crises had directly affected global supply chains, but stressed that the Suez Canal had once again demonstrated its crucial and irreplaceable role in protecting these supply chains.
Egypt's announcement comes amid ongoing tensions around the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden and serves as a gateway to the Suez Canal.
Following Israel's attacks on the Gaza Strip starting in October 2023, Yemen's Houthi group targeted commercial vessels in the Red Sea and the Bab el-Mandeb Strait, leading major shipping companies to divert their routes around the Cape of Good Hope.
Egyptian Foreign Minister, Badr Abdelatty, recently stated that tensions in the Red Sea have cost Egypt approximately $11 billion in lost Suez Canal revenues.
Source: Portal Portuario