Suez Canal revenue and traffic levels last month both fell by around a quarter in comparison with February 2008, according to figures released by the canal authorities.
The numbers mark the sixth successive decline, with canal revenues hitting their lowest point in the last three years.
Vessel transits declined to 1,272 compared to 1,676 vessels a year ago. Also, the volume of trade passing through this canal fell to 53m tonnes, compare to 73m tonnes year on year.
Some reasons to explain that can be the economic downturn and also the reroute around the Cape of Good Hope to avoid the
Gulf of Aden, well-known for piracy attacks.
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