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Tags: China | Coronavirus | Financial Markets | Infrastructure | Money | Suez Canal | supply chain disruption

Suez Canal Authority Chair Aims to Raise Transit Fees by 6 Percent in 2022

Ever Green tanker
Ever Green, China's tanker that ran aground for six days at the Suez Canal in March, blocking worldwide shipping traffic. (AP)

Thursday, 04 November 2021 07:38 AM

Egypt plans to raise fees by 6% on ships transiting the Suez Canal in 2022, the canal authority's chairman Osama Rabie said on Thursday.

Tankers transporting liquefied natural gas and tourist cruise ships will be excluded from the fee hike, Rabie added.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
Egypt plans to raise fees by 6% on ships transiting the Suez Canal in 2022, the canal authority's chairman Osama Rabie said on Thursday.
Suez Canal, supply chain disruption, global trade
42
2021-38-04
Thursday, 04 November 2021 07:38 AM
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