CANAL REBOUND

Red Sea calm revives shipping traffic through Suez Canal

Canal revenues rose 14% year-on-year between July and October, with 4,405 ships carrying 185 million tons of cargo during the period

KHALED DESOUKI/AFP via Getty Images

Ships sail along Egypt's Suez Canal near Ismailia

Easing tensions in the Red Sea have delivered a boost to Egypt’s Suez Canal, with hundreds of ships returning to ply the global trade route in October.

Canal revenues rose 14% year-on-year between July and October, with...