Independent journal on economy and transport policy
08:16 GMT+2
Egypt seeks new Suez Canal toll deal with global shipping lines
(Reuters)
October 25, 2016
By Nikolaj Skydsgaard Reuters
COPENHAGEN, Oct 25 Egypt is in talks with global shipping firms to change the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry.
Denmark's A.P. Moller-Maersk, which runs the world's biggest container shipping line, said on Tuesday it was considering proposals from the Suez Canal Authority for a new toll system ...... Read more on Reuters
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