Suez Canal ups toll fees

Container Ship (4)

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.

READ: Suez Canal Authority, Maersk strike $500 million deal for East Port Said berth

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.

Elsewhere, the Cabinet Council of the Republic of Panama approved a new toll structure for the Panama Canal which will be applied from January 2023.

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.