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Egypt’s Suez Canal to reduce rebates on tolls for LNG carriers from Jan 1 to June 30

by Mike Robinson

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© Reuters. FILEPHOTO: Aerial view of Egypt’s Gulf of Suez, and Suez Canal, viewed through an airplane window during a November 27, 2021 flight from Cairo to Doha. REUTERS/Amr Abdallah Dalsh

(Reuters) – The Suez Canal, Egypt, will decrease rebates on tolls canals for liquefied transporters from January 1, until June 30, according to a circular released by the canal authority on Tuesday.

LNG tankers traveling between the American Gulf or ports South of it will enjoy a rebate 30% on normal Suez Canal tolls. East ports up to Kochi will also receive a rebate 55%. Singapore ports as well its eastern ports will receive a rebate 70%.

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