THE suez Canal Authority (SCA) has announced that transit tolls for vessels travelling through the canal will be increased by 6 per cent during 2022 compared to the current tolls.
At the same time, the chairman of the SCA, Admiral Osama Rabea also announced new marketing strategies that will be applied during the next year.
The additional fee will take effect in February 2022 and will be imposed on all vessels passing through the Suez Canal except cruise ships and liquefied natural gas (LNG) ships, as their tolls will remain the same, reports Container News.
SCA's chairman explained that the transit fees stabilisation for the cruise sector is mainly due to the fact that this type of vessel was the most affected by the Covid-19 pandemic crisis compared to the ships of the other shipping sectors. 'The tourism and travel sector has suffered major losses worldwide, including cruise ships and sea yachts, and is expected to complete its recovery by 2022,' said Mr Rabea.
Commenting on the decision to fix the transit fees of LNG vessels, the chairman explained that 'the decision comes in the light of the continuous follow-up to the most recent variables of the LNG seaborne trade in a way that integrates with the development of flexible marketing policies where the reduction percentage granted to LNG tankers has been modified from 25 per cent to 15 per cent as per the amendment of circular No 2 of 2015 planned to be applied by November.'
The SCA has announced it will apply a flexible marketing and pricing strategy taking into account the global economic conditions and its different variations, through mechanisms that include estimating the tolls of the transiting vessels.
Meanwhile, the chairman of SCA clarified that the decisions for tolls of transiting through the Suez Canal and flexible marketing policies are subjected to extensive studies related to the shipping market and global trade movement, as well as reviewing periodic reports, recommendations issued by the organisations and institutions of the maritime transport industry and estimates of global financial institutions.
SeaNews Turkey
At the same time, the chairman of the SCA, Admiral Osama Rabea also announced new marketing strategies that will be applied during the next year.
The additional fee will take effect in February 2022 and will be imposed on all vessels passing through the Suez Canal except cruise ships and liquefied natural gas (LNG) ships, as their tolls will remain the same, reports Container News.
SCA's chairman explained that the transit fees stabilisation for the cruise sector is mainly due to the fact that this type of vessel was the most affected by the Covid-19 pandemic crisis compared to the ships of the other shipping sectors. 'The tourism and travel sector has suffered major losses worldwide, including cruise ships and sea yachts, and is expected to complete its recovery by 2022,' said Mr Rabea.
Commenting on the decision to fix the transit fees of LNG vessels, the chairman explained that 'the decision comes in the light of the continuous follow-up to the most recent variables of the LNG seaborne trade in a way that integrates with the development of flexible marketing policies where the reduction percentage granted to LNG tankers has been modified from 25 per cent to 15 per cent as per the amendment of circular No 2 of 2015 planned to be applied by November.'
The SCA has announced it will apply a flexible marketing and pricing strategy taking into account the global economic conditions and its different variations, through mechanisms that include estimating the tolls of the transiting vessels.
Meanwhile, the chairman of SCA clarified that the decisions for tolls of transiting through the Suez Canal and flexible marketing policies are subjected to extensive studies related to the shipping market and global trade movement, as well as reviewing periodic reports, recommendations issued by the organisations and institutions of the maritime transport industry and estimates of global financial institutions.
SeaNews Turkey
