Suez Canal announces 15% increase in crossing fees by mid-January

The Suez Canal Authority announced a 15 percent increase in regular transit fees on ships tanking crude oil, petroleum derivatives, and liquefied petroleum gas, starting January 15.

The increase included liquefied natural gas tankers, tankers of chemicals and other liquid materials, container ships, car carriers, passenger ships, and special floating units.

The authority also announced an increase in normal transit fees by five percent for dry bulk cargo ships, general cargo ships, and others.

And container ships coming directly from Northwestern European ports and heading to Far Eastern ports are exempt from the aforementioned increase, in accordance with the conditions stipulated in Circular # (8/2023), as the provisions of the circular come into effect as of January 15, 2024.

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