23 Jun 2021

The SCA (Suez Canal Authority) has decided to offer further discounts to a variety of ships passing through the canal in order to increase volumes and boost revenues. Vehicle carriers travelling from Northern Europe to Southeast Asia and the Far East will receive a 5% discount on tolls until the end of this year. Also, container ships travelling from the East Coast of America and heading to South and Southeast Asia will see their 40-60% discounts extended until the end of this year. Furthermore, there has been a renewal of the 30-50% discount for LNG tankers travelling between the American Gulf, the Arabian Gulf, and India. Other discounts have also been applied or renewed. (Source: Suez Canal Authority (English) (Arabic), al-Maal)