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

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Subscribe for Maritime Logistics Professional E‑News

Tesla ordered to pay $329 Million by Florida jury in fatal Autopilot crash
Enbridge is seeing a strong demand for additional oil pipeline capacity between Canada and the US Gulf
How prepared is the U.S. grid for extreme heat this Summer?