THE number of ships transiting the suez Canal increased 9.5 per cent year on year to 20,694 in 2012, Bloomberg reports.
Volumes are expected to continue to rise this year and again after a project to expand the waterway is completed, said the Suez canal Authority.
The Suez Canal generated US$6.3 billion in fees from 20,694 ships passing through in 2021, said SCA's chairman and managing director Osama Rabie. Volumes will be higher in 2022, despite a six per cent increase in tolling from February, because shipyards are building more vessels, he said.
Liquefied natural gas carriers are exempt from the hike. Vessels using fuels that meet United Nations emissions standards may also be eligible for a discount, although these plans have not been finalised, Mr Rabie said.
A project to widen and deepen the Suez Canal is underway and will be completed by July 2023, which will allow as much as 28 per cent more vessels to pass through the canal, he said.
SeaNews Turkey
Volumes are expected to continue to rise this year and again after a project to expand the waterway is completed, said the Suez canal Authority.
The Suez Canal generated US$6.3 billion in fees from 20,694 ships passing through in 2021, said SCA's chairman and managing director Osama Rabie. Volumes will be higher in 2022, despite a six per cent increase in tolling from February, because shipyards are building more vessels, he said.
Liquefied natural gas carriers are exempt from the hike. Vessels using fuels that meet United Nations emissions standards may also be eligible for a discount, although these plans have not been finalised, Mr Rabie said.
A project to widen and deepen the Suez Canal is underway and will be completed by July 2023, which will allow as much as 28 per cent more vessels to pass through the canal, he said.
SeaNews Turkey