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Sunday, 19 March 2017

Five major shipping lines halt operations in East Port Said port in response to port fees hikes

Five major shipping lines reportedly ceased operations in the port of East Port Said last Wednesday in response to the Transportation Ministry’s raising of port fees late last year, according to sources from the Suez Canal Economic Zone. The lines include Hapag-Lloyd, K Line, Yang Ming Marine Transport, Mitsui O.S.K. Lines, and the NYK Group. Sources tell Al Masry Al Youm that the Suez Canal Authority has responded over the weekend by slashing transit fees for large container ships by half.

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