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Suez Canal Ups Tolls

The Suez Canal Authority has said in a recent circular that it is increasing canal tolls by up to 10 percent for laden and ballast vessels.

“General Cargo Vessels, Multipurpose Vessels, Heavylift Vessels, General Cargo/Heavy Lift Vessels, Multi-Purpose/Heavy Lift Vessels transiting the Suez Canal in both directions is charged a surcharge of 7% from Suez Canal normal transit dues.”

The increase will come into effect from the start of March 2022 and is “in line with the significant growth in global trade, the improvement of ships’ economies, the Suez Canal waterway development and the enhancement of the transit service.”

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