The Suez Canal Authority approved a discount rate ranging from 45% to 65% on transit fees for the US East Coast / South Asia / Southeast Asia route, marking the third discount this year by the authority in an effort to attract shipping traffic, Al Borsa reported on Sunday. Earlier last month, the authority reduced transit fees by 65% on the same route, after having put in place a 30% reduction in March. The cuts are on total transit fees, which include both the actual transit fees as well as any additional fees.