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Vehicle carriers given toll rebate by Suez Canal
Team Sea and Coast | 06/07/2020

According to latest reports the Suez Canal tolls vehicle carriers transiting the waterway eastbound to East Asia from Northwest Europe will  appeal for an 8% rebate.

The Suez Canal Authority (SCA) announced that on canal tolls, vehicle carriers advancing to Singapore and ports eastwards from ports in Northwest Europe will be granted 8% rebate.

The current vessels must not call any intermediate ports to qualify for the rebate which ran active from 1st July and ends on 30th September 2020

In a recent series of rebates declared by the Suez Canal which has seen vessels re-routing to the longer backhaul to Asia passing through the Cape of Good due to low bunker fuel fare making the longer route more feasible than paying tolls to use the canal.