DUBAI (Reuters) – The Suez Canal posted a 15.1% jump in revenue in February to $545.5 million, the chairman of the authority managing the Egyptian waterway said on Tuesday.
Revenue surged after the canal saw a record rise in transit rates, with 1,713 ships passing through the waterway versus 1,532 a year earlier, Suez Canal Authority Chairman Osama Rabie said.
(Reporting by Yusri Mohammed; writing by Shakeel Ahmad; editing by Jon Boyle and Jason Neely)
