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Suez Canal Authority decides on new and increased transit tolls for 2023

The Suez Canal Authority has issued today new resolutions on the canal’s transit tolls that are to be applied in 2023. Ossama Rabiee, SCA's Chairman and Managing Director, has announced an increase in the transit tolls for all types of vessels by 15% during 2023 That increase will be at 10% for dry bulk ships and cruise ships as of the beginning of January of next year.

Rabiee has confirmed the SCA's keenness to apply a balanced and flexible strategy on pricing and marketing that serves the its own interest and that of its clients, and that takes into consideration the various changes in global economy through clear mechanisms that include calculating a vessel's transit tolls depending on the savings it achieves by transiting through the canal.

Source: suezcanal.gov.eg

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