Independent journal on economy and transport policy
23:23 GMT+2
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Next year to cross the Suez Canal ships will have to pay 6% more
The only types of ships excluded from the price increase are those for cruising and for the transport of LNG
November 4, 2021
The Suez Canal Authority has specified that the decision of introduce an increase in transit rights has been assumed on the basis of in-depth studies on the next evolution of the world economy and the maritime market. The Egyptian body has highlighted, in particular, that the International Monetary Fund and World Trade Organization predict growth continued world trade and an increase in the demand for maritime transport, with expected increases respectively of +6.7% and +4.7% in 2022 and - he underlined the Egyptian authority - with levels of sea freight that will continue to be high and with good profits for the shipping companies.
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