The numbers
Traffic and revenue turn the corner together
The Suez Canal Authority reported 1,358 vessel transits in August 2026, a 27 percent rise on the 1,070 recorded a year earlier, with net tonnage up more than half to 68.3 million tonnes and monthly revenue reaching USD 567.1 million against USD 326 million a year before. Chairman Osama Rabie framed the figures, dated 20 September 2026, as a recovery trajectory rather than a one-month spike.
The context matters. Canal revenue had fallen by roughly two thirds in 2024 as carriers diverted around the Cape to avoid Red Sea risk. A return to 1,300-plus ships a month is the market voting that the short route is worth using again.
- 1,358 transits in August 2026, up 27% year on year
- Net tonnage 68.3 million tonnes, up more than half
- Monthly revenue USD 567.1m versus USD 326m a year earlier
- Figures dated 20 September 2026 from the Suez Canal Authority


