Headlines
Egypt smiles to the bank as Suez Canal records high daily traffic volume

The Egyptian government has continued to rake in more revenue through the strategic Suez Canal which daily records a high volume of vessels.
Vessels with a total tonnage of 4.8 million DWT traversed the waterway in both directions on Wednesday, including 38 from the North and 49 from the South. The ships that passed through the canal on Wednesday included 18 container ships, 26 bulkers, 18 large oil tankers, 10 gas carriers and 15 ships of other types.
The new record, coming six months after the giant boxship Ever Given went aground and blocked traffic along this critical maritime chokepoint, has validated SCA’s desire to accelerate an expansion of the canal.
The $10 billion projects, which will involve the widening and deepening of the southern part of the canal, is expected to expand its capacity to 97 ships per day and more than double its annual revenues to $13 billion.
About 12 percent of the world trade volume passes through the Canal, making it one of the world’s busiest waterways. It is a strategic national treasure for Egypt, generating $5.6 billion in revenues in 2020. In the first eight months of this year, the canal raked in $3.8 billion, despite the disruption of the Ever Given shutdown.
Last year, 18,829 ships with a total net tonnage of 1.17 billion passed through the canal. The average daily traffic typically ranges from 40 to 50 ships.
Customs
KLT Customs reaffirms commitment to stronger maritime stakeholder engagement

Gloria Odion, Maritime reporter
The Acting Customs Area Controller (CAC) of the Kirikiri Lighter Terminal (KLT) Area Command of the Nigeria Customs Service (NCS), Deputy Comptroller Bolaji Adigun, has reaffirmed the Command’s commitment to deepening engagement with stakeholders across the maritime industry in line with efforts to promote trade facilitation, transparency, and sustainable economic growth.
Adigun gave the assurance through the Deputy Comptroller in charge of Administration, Comptroller T.A. Jonah, who represented him during a courtesy visit by the newly elected Executive Committee of the Maritime Reporters Association of Nigeria (MARAN) to the Command in Lagos.
The Acting CAC, who was unavoidably absent, underscored the importance of sustained collaboration between the Nigeria Customs Service and key industry stakeholders, particularly the maritime media, in advancing the Service’s mandate and supporting national economic development.
He described the media as a critical partner in disseminating information on government policies, customs reforms, trade facilitation initiatives, revenue generation, and anti-smuggling operations.
According to him, maritime journalists occupy a strategic position in shaping public understanding and perception of activities within the port and maritime sector, stressing the need for professionalism, accuracy, and balanced reportage in the discharge of their duties.
Adigun further assured the MARAN delegation that the KLT Area Command would continue to operate an open-door policy while fostering cordial and productive relationships with stakeholders within the maritime community.
Earlier in his remarks, the President of MARAN, Mr. Oluyinka Onigbinde, stated that the visit formed part of the association’s ongoing stakeholder engagement initiative following the inauguration of its newly elected executive committee.
Onigbinde explained that the purpose of the visit was to formally introduce the new leadership of the association to the Command and strengthen the longstanding relationship between MARAN and the Nigeria Customs Service.
He commended the KLT Area Command for its contributions to trade facilitation, revenue generation, and enforcement activities, describing the Command as a vital component of Customs operations within Nigeria’s port system.
The MARAN President also reaffirmed the association’s commitment to professional, objective, and development-driven journalism, noting that maritime reporters play a significant role in promoting informed discourse on issues affecting the industry.
He further assured the Command of MARAN’s continued support for initiatives aimed at enhancing efficiency, transparency, and competitiveness within Nigeria’s maritime sector through responsible and factual reporting.
Headlines
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Commentaries
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