Egypt’s Suez Canal to raise transit fees in 2023 ...Middle East

Daily Sun - News
Egypt’s Suez Canal to raise transit fees in 2023
CAIRO: The Suez Canal’s transit tolls will increase by 15 per cent for all types of vessels and 10 per cent for dry bulk and cruise ships starting next year, the Suez Canal Authority (SCA) announced in a statement on Saturday.The authority said rising energy prices, freight rates, and daily charter rates for ships, predicted to continue next year, are the main reason for raising transit tolls along the vital canal connecting the Mediterranean Sea to the Red Sea, reported Xinhua.“The (tolls) increase is inevitable and is a necessity in light of the current global inflation, which translates into increased operational costs and the costs of the navigational services provided in the canal,“ SC

Hence then, the article about egypt s suez canal to raise transit fees in 2023 was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt’s Suez Canal to raise transit fees in 2023 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News