Suez Canal Authority Announces 15% Reduction in Toll for Larger Container Vessels

In response to requests from a number of shipping lines, Admiral Ossama Rabiee, Chairman of the Suez Canal Authority, has announced a 15% reduction toll in for container vessels with a net tonnage of 130 thousand tonnes passing through the Suez Canal.

In this regard, H. E. pointed out that the Authority received numerous positive impressions about this decision, amid welcoming reactions from many shipping lines and the anticipated resonance of this decision within the international maritime community.

The Chairman of the Suez Canal Authority added that the conditions are favorable to make more positive decisions towards the return of transiting through the Suez Canal in light of an international and regional desire to reach fundamental solutions for the issue of freedom of navigation in the Red Sea region.

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