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Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping.The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship.
In total, 20,649 vessels transited the Suez Canal in 2021 - an increase of 10% over 2020. [7] In 2022, annual revenue stood at $8 billion in transit fees. [8] The Suez Canal set a new record with annual revenue of $9.4 billion in USD for the fiscal year that ended June 30, 2023. [9] Suez Canal monthly revenue In USD
The Suez Canal (/ ˈ s uː. ɛ z /; Arabic: قَنَاةُ ٱلسُّوَيْسِ, Qanāt as-Suwais) is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia (and by extension, the Sinai Peninsula from the rest of Egypt).
Net tonnage is a computation of volume, and the method of measurement used at the Suez Canal to determine tolls was based on a measure of net tonnage which excluded some of the cargo spaces of these unconventional hulls. [18] Turret and trunk deck ships therefore paid less in tolls than conventional ships of the same capacity. [19]
Thereby, the Cape Route became even less important, although it still is an alternative secondary route if the Suez Canal is somehow disrupted (for example, during the 2021 Suez Canal obstruction), or to avoid paying fees for crossing the canal if it is economically advantageous to do so.
During the 20th century, U.S.-Panama tensions worsened and there were growing protests against U.S. control of the canal, notably after the Suez Canal crisis in 1956, when British and French plans ...
Construction was completed in 1869, one week prior to the inauguration of the Suez Canal. [1] The lighthouse was built to guide ships passing through the canal. The lighthouse has an octagonal shaped tower that is 56 metres (184 ft) high.
After deepening of the Suez Canal, a formerly capesize bulk carrier approaches the Suez Canal Bridge. Capesize bulk carrier Cape Elise of 174,124 DWT at Inchgreen quay, Greenock, Scotland, for repairs in March 2014 after being struck by a massive wave. At 289 metres long, it was the largest ship to dock at Greenock in 20 years. [4]