Egypt’s Suez Canal announces hike in passage tolls
Egypt’s Suez Canal announces hike in passage tolls
CAIRO — Egypt's Suez Canal Authority (SCA) announced on Tuesday additional tolls for transiting vessels including fuel tankers, as oil prices soar in the wake of Russia's invasion of Ukraine.
Petroleum gas tankers will see a 10 per cent hike on passage fees while liquefied natural gas carriers and general cargo ships will incur a seven per cent increase, an SCA statement said.
Ships carrying petroleum products will be hit with a 5 per cent rise under the new tolls, which are effective immediately.
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