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Tuesday, 12 November 2019

Suez Canal Authority maintains discounts for vessels from the Americas, Southeast Asia

The Suez Canal Authority (SCA) has renewed discounts on container ships and bulk carriers crossing the Suez Canal until June 2020. Bulk vessels travelling between the US Gulf, South America, and the Caribbean islands via the canal will see their 20-75% fee reduction in place, while those operating between South African, Mediterranean, and Black Sea ports will continue to benefit from breaks of 40-50%. A 45-65% discount to container ships en route to southern or southeast Asia from the US East Coast, meanwhile, will remain in place. The SCA has regularly been offering discounts to vessels passing through the canal in a bid to attract more traffic.

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