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Wednesday, 26 December 2018

Egypt’s SCA considering cutting fees across all of its six ports

The Suez Canal Authority (SCA) is looking at cutting transit and mooring fees on cargo ships across all of its six ports, after doing the same for the East Port Said Port, SCA boss Mohab Mamish said. We had reported in October that the East Port Said decision came after an alliance of major shipping companies boycotted the port on the back of the authority’s 100% hike in fees. The authority had also reportedly reduced the fees for docking and transiting through Ain Sokhna Port. The SCA is moving to reduce prices in a bid to remain competitive in the region.

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