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>

<< Feb 2017 >>
MTWTFSS
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 1 2 3 4 5

9th Annual Coasts and Marine Structures 2017 Conference

Discover Best Practise Strategies for Design, Planning, Construction and Asset Management

To remain competitive, Australian port operators must plan, design, manage and maintain their assets more creatively and proactively to meet future demands and drive profitability.

With this in mind, the Coast and Marine Structures Summit 2017 will focus on key considerations relevant to ensuring your existing assets are maximised and prepared to accommodate bigger vessels.

Hear from 20+ global experts including Maritime/Coastal Engineers, Contractors, Port Authorities and more, including GHD (USA), Indonesian Port Corporation (Asia), G-Group Consulting (New Zealand), Ausenco (Australia), Port Authority NSW (Australia), to name a few.

By attending this 2-day conference, you’ll learn about:

– Innovative planning and design of ports to create efficiencies that drive profit
– Best practice asset management strategies and new PIANC design principles for bulk terminals
– Proactive asset management and maintenance to improve durability and maximise and extend asset lifecycles
– Alternative material and protection techniques trialled and tested in the US and Europe
– Strategies to shift organisational culture and mindset from asset management to asset maintenance
– How you can leverage technology to increase the efficiency of your marine structures
– Case studies on retrofitting, expanding and upgrading your ports in cost-effective ways

More info

read more >

Focusing on Solutions

The maritime industry is experiencing the most aggressive regulatory change in history, with the adoption of a global sulphur cap of .5%…

read more >

European Shipping Week 2017

European Shipping Week is intended to be a platform where policy-makers from the main EU institutions will meet and engage with European…

read more >

Seatrade Cruise Global

For more than 30 years, Seatrade Cruise Global has been the leading international exhibition and conference serving the cruise industry…

read more >