Trial run of new Suez Canal channel extension
January 2 , 2025
3 days
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- Egypt had successfully tested a new 10 km channel near the southern end of the Suez Canal.
- The latest expansion extends the total length of the canal's two-way section to 82 km from 72 km, making the canal 193 km long.
- During the trial run two ships passed through a new stretch of the canal's two-way section without incident.
- This expansion will boost the canal's capacity by an additional 6 to 8 ships daily and enhance its ability to handle potential emergencies.
- Due to “regional challenges,” Egypt lost approximately $7 billion in Suez Canal revenue in 2024, more than a 60% drop from 2023.
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