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Wednesday, 25 October 2017

Suez Canal Authority postpones unified port fees announcement for an unknown amount of time -sources

The Suez Canal Authority has reportedly decided to postpone the announcement of unified fees for national ports to allow facilities across the country more time to prepare for new regulations, sources tell Al Borsa. The new fees, which were approved in August and should have come into effect in October, are meant to reduce competition between domestic ports. It’s unclear when the new fees will be announced.

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