Suez Canal Authority issued new resolutions concerning the fees of the transiting ships through the canal to be applied during the next year 2022.
Namely, Suez Canal increased the transit tolls of all the types of transiting ships through the canal by 6% during 2022 compared to 2021.
This planned increase will be applied in the beginning of next February. However, cruise ships and LNG ships will be excluded from this increase as their tolls will remain the same as what they were at during 2021.
Furthermore, Admiral Osama Rabea affirmed the authority’s willingness to apply a balanced and flexible marketing and pricing strategy that “fulfills the authority and its clients’ interests and takes into account the global economic conditions and its different variations.”
Commenting on the decision to fix the transit fees of LNG vessels, the Chairman explained that the decision comes in the light of the continuous follow-up to the most recent variables of the LNG seaborne trade in a way that integrates with the development of flexible marketing policies where the reduction percentage granted to LNG tankers has been modified from 25% to 15%.
The transit fees fixation for cruise vessels transiting the Canal is mainly because of the fact that this type of vessels was the most affected by the Covid-19 pandemic crisis compared to the rest of the other vessels.
