Page 43 - EGYPT - En Vol.4 HD

E gypt
Snapshot of E gypt 41
Number (thousand)& Net Tonnage Trafic in Suez Canal (Billion Tons)
Maritime Transportation

• Egypt comprises strategic and commercial importance to the marine

sector worldwide, Egypt has succeeded in fulfilling all its obligations
related to marine safety, enhancing maritime security, and preserving

lives. Egypt has an integrated system spread along the Egyptian coast to
assist in search and rescue operations and is managed by the Egyptian
Search and Rescue Center, which is one of the first centers established in

the Middle East and Africa.

Source: Suez Canal Authority
• The Suez Canal is considered one of the most important corridors world
wide. Linking east and west of the world, the canal it every year. Suez Canal saves a lot of distance, time and shipping costs
connects the northern Indian Ocean with the North for ships that pass through it from east to west or vice versa, especially
Atlantic Ocean through the Mediterranean and the Red after the implementation of the new Suez Canal project.
Seas, without the need to pass through the vast southern
axes of the two oceans. Therefore, there is no sea passage can compete
with the canal in saving time and shortening distances for merchant
ships, especially those operating on the world's most important shipping
lines linking Asia on the one hand, and Europe and America on the other.

• Suez Canal contributes significantly to the Egyptian economy, as it plays
an important role in increasing
Suez Canal
the national income through fees Dues
collected from ships transiting
USD
through the canal, as more than 8% 8.8 billion
of the world’s shipping vessels cross (FY2022/23)