The Suez Canal Authority (SCA) will increase its transit tolls from January next year.
Adm. Ossama Rabiee, SCA’s Chairman and Managing Director, announced last week the authority will increase transit tolls for all types of vessels by 15 per cent during 2023.
The increase is at 10 per cent for dry bulk ships and cruise ships.
Rabiee said the toll increase keeps up to date with the ever-increasing daily charter rates for most types of vessels.
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Daily charter rates for crude oil tankers increased in average by 88 per cent compared to the average rates of 2021, and an increase by 11 per cent in the average daily charter rates of LNG carriers compared to that of 2021.