Suez Canal authority to raise transit fees by 15% in 2023

Summary by Ground News

Egypt says it will increase transit fees for vessels, including oil-laden tankers. The Suez Canal Authority said in a statement on Saturday that it will add 15% to the fees for tankers carrying oil and petroleum products. About 10% of global trade flows through the Suez canal, which is a major source of foreign currency to Egypt.

Published 3 months ago · Cairo, Egypt

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Reuters

Suez Canal authority to raise transit fees by 15% in 2023

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the canal authority's chairman Osama Rabie said on Saturday.

3 months ago·United Kingdom

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Associated Press News

Egypt to raise Suez Canal transit fees for ships in 2023

Egypt says it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal, one of the world’s most crucial waterways. The Suez Canal Authority said in a

3 months ago·United States

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abc News

Egypt to raise Suez Canal transit fees for ships in 2023

Egypt says it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal, one of the world’s most crucial waterways

3 months ago·United States

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The Star Kuala Lumpur

Egypt's Suez Canal to raise transit fees in 2023

CAIRO, Sept. 17 (Xinhua) -- The Suez Canal's transit tolls will increase by 15 percent for all types of vessels and 10 percent for dry bulk and cruise ships starting next year, the Suez Canal Authority (SCA) announced in a statement on Saturday. Read full story

3 months ago·Malaysia

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KRDO

Egypt to raise Suez Canal transit fees for ships in 2023

CAIRO (AP) — Egypt says it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal, one of the world’s most crucial waterways. The Suez Canal Authority said in a statement on Saturday that it will add 15% to the fees for tankers carrying oil and petroleum products, and 10% for dry bulk carriers and cruise ships. The authority’s chief says the hikes will start on January 1. He blamed booming global inflatio…

3 months ago·Colorado Springs, United States

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