Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Monday, May 12, 2025

Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.

His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis, who say they are trying to shut off cargo bound for Israel in support of Palestinians in Gaza, but are also chasing ships away from the canal.

(Reuters)

Categories: Shipping Cargo Suez Canal

Related Stories

Golden Pass Texas Facility Ready for Inaugural LNG Export

Hazardous Cargo Compensation Regime Close to Entry into Force

ZIM CEO Glickman Announces Departure

Current News

MPA, PSA Singapore Invite Proposals for Autonomous Container Feeder Vessel Solutions

Six Partners Selected by MPA for In-Water Hull Inspection, Cleaning Trials in the Port of Singapore

Cavotec Launches Redesigned PowerMove RoRo NxG Platform

Port of Oakland Cargo Volume Rebounds in March

Subscribe for Maritime Logistics Professional E‑News