Supply Squeeze
Record Ships Sailed Suez Canal in 2021 Despite Ever Given Saga
- Authority may reduce fees for ships using low-emission fuels
- Project to widen and deepen canal to be complete by July 2023
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More ships traversed the Suez Canal in 2021 than ever before despite its temporary blocking by a 400-meter-long vessel and the effects of the coronavirus pandemic. Volumes are expected to continue to rise this year and again after a project to expand the waterway is completed, said the Suez Canal Authority.