Suez Canal Raises Surcharges
The Suez Canal Authority recently raised toll surcharges for most vessels, the Hong Kong Trade Development Council reported March 28. Laden and ballast vessels will face surcharges from 5% to 10%, HKTDC said, and bulk carriers, crude oil carriers and…
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petroleum tankers will face a 5% tariff increase. In addition, the SCA will impose an additional 7% fee on liquefied natural gas tankers, roll-on/roll-off vessels, special floating units, general cargo ships and others, and a 10% surcharge on certain northbound and southbound chemical and other liquid bulk tankers, the report said. Additional fees will be levied on the “number of tiers of containers on a vessel’s weather‑deck,” HKTDC said. The fees will help fund canal improvements.