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Market update

Suez is back above 1,300 ships a month, and the schedules follow

In August 2026, 1,358 vessels transited the Suez Canal, up 27 percent on the same month last year, and monthly revenue reached USD 567 million. For anyone booking into or out of Egypt, a busier canal is not a statistic. It is more carrier calls, steadier schedules and a shorter list of surcharges to argue about.

1,358 vesselsUSD 567.1m68.3m tonnes

Published · Midtrans Shipping And Services

Reviewed by Khaldoun Al-Khouli, General Manager

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

The booking

What a busier canal changes for your file

When carriers route through Suez again, three things ease for a shipper. Transit times shorten because the Cape detour is off the table. Schedules firm up because vessels hold their rotations. And the surcharge stack thins as the risk premiums that came with the long way round are withdrawn.

It does not make every rate fall on cue, and capacity discipline can hold pricing up. But the direction of travel for an Egypt-facing booking in late 2026 is toward more predictable service, which is worth as much as a headline rate.

  • Shorter transit as the Cape detour is removed
  • Steadier schedules as vessels hold rotations
  • Fewer risk surcharges on the invoice
  • Predictable service, not just a headline rate

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Beyond the water

The zone is drawing investment, not just ships

The recovery is not only maritime. The Suez Canal Economic Zone drew USD 7.26 billion of contracted investment across 117 projects in the 2025/26 fiscal year, and Egypt's ports handled about 233 million tonnes of cargo in 2025, with container throughput up roughly a quarter. A canal that carries more ships and a zone that attracts more factories reinforce each other.

For an importer that means more reason to route through Egyptian gateways, and more local capacity to consolidate, clear and forward against.

  • USD 7.26bn contracted in the Suez Canal Economic Zone in 2025/26
  • About 233 million tonnes handled at Egyptian ports in 2025
  • Container throughput up roughly 25%
  • More gateway and consolidation capacity on the ground

The MIDTRANS read

We book the canal, not the headline

A recovering Suez is good news, but a booking still turns on the specifics: the commodity, the port pair, the clearing file and the timing window. MIDTRANS handles Egyptian freight through Alexandria, Port Said, Damietta and Ain Sokhna, with the ACID and Nafeza filing done before the box arrives.

The canal's numbers set the weather. The operations desk sails the shipment through it.

  • Sea and air freight through Egypt's main gateways
  • ACID and Nafeza filing prepared before arrival
  • Consolidation and re-export coordinated in one file
  • Onward corridors to Syria and the Gulf where the cargo continues

Sources

Where these figures come from

Every figure above is attributed to the source named beside it. MIDTRANS reports third-party market data as third-party data, and marks its own view as an operational read.

  • Egyptian Streets — Why the Suez Canal's Recovery Matters for Egypt's Economy, 21 September 2026
  • AGBI — Suez Canal rebound helps lift Egypt's economic growth, September 2026
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FAQ

Frequently asked questions

How many ships used the Suez Canal in August 2026?

1,358 vessels transited the Suez Canal in August 2026, up 27 percent from 1,070 in the same month a year earlier, with net tonnage of 68.3 million tonnes. Reported from a Suez Canal Authority statement dated 20 September 2026.

How much revenue did the canal earn?

Monthly Suez Canal revenue reached USD 567.1 million in August 2026, against USD 326 million a year earlier, as carriers returned to the short route after Red Sea diversions.

What does the Suez recovery mean for an Egypt booking?

A busier canal generally means shorter transit, steadier schedules and fewer risk surcharges. MIDTRANS books Egyptian freight through Alexandria, Port Said, Damietta and Ain Sokhna, with ACID and Nafeza filing handled before the cargo arrives.

How much investment has the Suez Canal Economic Zone attracted?

USD 7.26 billion of contracted investment across 117 projects in the 2025/26 fiscal year. Egypt's ports also handled about 233 million tonnes of cargo in 2025, with container throughput up roughly a quarter, as reported by Egyptian Streets and AGBI in September 2026.

Will freight rates to Egypt fall now that ships are returning to Suez?

Not necessarily on cue, because capacity discipline can hold pricing up. The clearer gain for an Egypt-facing booking in late 2026 is more predictable service: a shorter transit without the Cape detour, steadier rotations and fewer risk surcharges.

Which Egyptian gateways does MIDTRANS book through?

Alexandria, Port Said, Damietta and Ain Sokhna. The gateway is chosen from the commodity, the port pair and the timing window, and where the cargo continues, the onward corridor to Syria or the Gulf is coordinated in the same file.

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