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Quote: According to reports from the Suez Canal Authority, the total number of ships passing through the canal increased 2 percent in 2015 to 17,483. However, the number of bulk carriers and container ships fell 5.7 percent and 3.1 percent respectively. The carriers are highly valuable to the Suez canal: SeaIntel said vessels sailing from Asia to the East Coast are charged $465,000 on average for passage. "If the canals want to change the economics of the routing choices, the Panama Canal would need to cut prices by roughly 30 percent, while the Suez Canal would need a cut of roughly 50 percent," the report added. The decision to use the South African route would also have a big environmental impact. SeaIntel calculated that the increased fuel consumption would mean an additional 6,800 tonnes of CO2 emitted per voyage.