Suez Canal Cuts Boxship Fees to Attract More Traffic

Image Courtesy: Dredging Suez Canal

In an effort to “meet the desire” of ship owners and operators and attract more vessels, the Suez Canal Authority has decided to cut tolls for selected container ships.

According to the Suez Canal Authority, container ships coming from port of Norfolk and its northern ports heading to the Port of Kelang and its eastern ports, would be granted a reduction of 45% of the Suez Canal normal tolls.

Furthermore, boxships sailing from ports south of port of Norfolk and heading to Port of Kelang and its eastern ports would be granted reduction of 65%, while vessels heading to Port of Colombo and its eastern ports, located just up to port of Port Kelang, would see a discount of 55% of Suez Canal normal tolls.

To benefit from this circular, the companies have to submit a request before sailing through its shipping agency, the authority added.

“The ship must not call any port in between port of origin and port of destination for commercial purposes provided that ship’s operator must forward a formal declaration about that. In case of calling at in-between ports for non-commercial purposes, the authorities of these ports have to submit a certificate to the SCA, stating the reasons of calling,” Suez Canal Authority said.

A certificate from the last port of origin stating the date of sailing and a certificate from the first port of arrival stating date of arrival should be submitted within sixty days from the date of the canal transit.

The toll cut took effect on June 6, 2016, and is going to be in force for 90 days, until September 3, 2016, GAC Egypt said, adding that the reduction is to be renewed.

In April, 2016, the Suez Canal Authority granted a reduction of 30% of the Suez Canal normal tolls for container ships coming from Port of New York and its southern ports heading to South East Asian ports, such as port of Port Kelang and its eastern ports.

During 2015, the Suez Canal recorded an increase in the number of transiting vessels and total net tonnage, as 17,483 vessels transited the Suez Canal, an increase of 2% compared to 2014, according to the authority’s data. The net tonnages transported through 2015 registered 998.7 million tons in 2015 an increase of 3.7% compared to 2014.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2017 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

THE 30TH WORLD PORTS CONFERENCE Enabling Trade Energizing The World

This event is expected to have more than 500 attendees from the field of port, logistics, shipping and maritime industry…

read more >

Singapore Maritime Week 2017

Singapore Maritime Week (SMW) is the leading maritime event in Singapore. Driven by the Maritime and Port Authority of Singapore (MPA), SMW…

read more >

Breakbulk Europe 2017

For more than a decade, Breakbulk Europe has served as the networking hub for industry professionals who do business in Europe — or would like to! Exhibitors and sponsors include cargo owners, ocean carriers, freight forwarders, ports/terminals, heavy haulers, equipment companies and more that are involved in this specialized industry.

In addition to exceptional networking opportunities, Breakbulk Europe provides a dynamic conference, along with a range of educational and training workshops — intensive all-day classes held the day before the exhibition opens as well as many on-the-floor sessions.

  • Over 7,600 participants attended Breakbulk Europe 2016
  • Meet with over 400 exhibitors and sponsors
  • Hear from industry experts, including leading shippers, during the conference sessions
  • Learn new skills in the educational workshops held before the exhibition and on-the-floor micro-seminars and exhibitor-led sessions during the event

More info

read more >

Smart Operations

Smart Operations events, from Fathom Maritime Intelligence, examines how to use intelligent shared integration, and connected operations…

read more >