Egypt raises Suez Canal transit fees
Infrastructure
- 20 September, 2022
- 07:44
Add Report.az to preferred Google sources
Stay up to date with the top news!
Egypt announced on Saturday that it will raise transit fees in 2023 for all types of vessels passing through the Suez Canal, Report informs, citing CNBC.
According to a statement released by the Suez Canal Authority, transit fees for tankers passing through the canal will rise by 15%. The increase for dry bulk carriers and tourist ships is 10%. The fee hikes will take effect on January 1, 2023.
Report sent a request to the Azerbaijan Caspian Sea Shipping CJSC on the issue. Mehman Mehdiyev, head of the organization's press service, said that the ships of the CJSC do not sail in the Red Sea, in other words, they do not use the Suez Canal.
Latest News
16:09
Azerbaijan has long been a meeting point of cultures, heritage chief says
Cultural policy
16:05
OECD confirms Azerbaijan's compliance with country-by-country reporting rules
Business
16:02
PASHA Capital CEO: Bond guarantees could attract more investors
Finance
15:59
Bosnia and Herzegovina looks to strengthen anti-corruption co-op with Azerbaijan
Foreign policy
15:58
Abas Miskarli: Azerbaijani insurers may allocate just 2–3% of portfolios to risky assets
Finance
15:55
Senegal attaches great importance to anti-corruption co-op, OFNAC chairman says
Foreign policy
15:51
Organized crime groups increasingly using AI to conceal assets, Tunisian official says
Foreign policy
15:45
Azerbaijan's European boxing medal tally reaches 25 in 2026
Individual sports
15:43
Limited investment options constrain Azerbaijani insurers, ASA chief says
Finance