Suez Canal Says LNG, LPG Carrier Rebates Extended to End of 2022

June 13, 2022

Copyright alexyz3d/AdobeStock
Copyright alexyz3d/AdobeStock

Egypt's Suez Canal has extended rebates on canal tolls for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers from July until the end of the year, the canal authority said in circulars published on its website.

LPG tankers operating between the American Gulf and ports west of India, on the Maldives islands and at Kochi will receive a rebate of 20% on the canal's normal tolls, according to a circular published on its website on Monday.

Those operating from ports east of Kochi to Singapore will receive a rebate of 55%, and from Singapore ports east will have a rebate of 75%.
LNG tankers operating between the American Gulf and the "Arabian Gulf", ports west of India and at Kochi will receive a rebate of 30% on the canal's normal tolls, a circular dated Sunday said.

Meanwhile, LNG tankers operating from ports east of Kochi to Singapore will receive a rebate of 55%, and from Singapore ports east will have a rebate of 70%, it added.


(Reuters - Reporting by Moataz Mohamed; Writing by Nadine Awadalla; Editing by Mark Potter)

Logistics News

Pilot Planning Implicated in Tanker Contact with Jetty

Pilot Planning Implicated in Tanker Contact with Jetty

Sempra Signs Contract with Bechtel to Build Port Arthur LNG Phase 2

Sempra Signs Contract with Bechtel to Build Port Arthur LNG Phase 2

Texas Tanker Bottleneck Grows on Slow Freeport LNG Restart

Texas Tanker Bottleneck Grows on Slow Freeport LNG Restart

China's Commodity Import Trend Driven by Prices, Not Economy

China's Commodity Import Trend Driven by Prices, Not Economy

Subscribe for Maritime Logistics Professional E‑News

WestJet Airlines cancels flights expecting union strike
Germany holds up passage of new EU sanctions bundle on Russia
Argentina's TGS pitches $500-million Vaca Muerta gas pipeline growth