The Suez Canal Authority has announced that it will continue until the end of the end of 2024 of the discount policy on the value of the rights of transit through the Egyptian canal concerning the main types of ships that cross it. The continuation of the policy is likely to counteract the effects of the of the crisis in the Red Sea on ship traffic in the canal that is in This period is still more than halved compared to the to last year being in these days the daily traffic between 30% and 60% of that of the period May-June 2023.

With regard to container vessels, the Authority of the Suez Canal has specified that the exemption is confirmed, compared to the +15% increase in rates announced last autumn ( of 17 October 2023), guaranteed to those loaded or ballasted ships that come directly from the ports of north-western Europe, from the the Moroccan port of Tanger Med and the Spanish port of Algeciras and are bound for the port of Port Klang and other ports in the south-east Asian and Far Eastern countries, as well as those container ships from the east coast of the Americas and from the U.S. Gulf and are bound for ports in South Asia and southeastern.