Fee for electronic services during the passage of the Suez Canal will increase 6 times
Starting September 1, 2024, fees for ships using electronic services while passing through the Suez Canal will increase from $50 to $300. This is stated in the message of the Canal Authority. From 2025, this fee will be increased to $500.
The e-service fee is an additional charge in addition to transit costs.
Some vessels will be exempt from e-service fees, including those exempt from transit fees and small vessels with a displacement of less than 300 tons.
The Suez Canal is one of Egypt’s main sources of income, along with oil production, tourism and agriculture.
As a reminder, starting from July 1, 2024, Turkey will increase the cost of passage of ships through the Bosporus and Dardanelles by 14.7%.
Read also
Invest in the Best: What Attracts Investors in Agri Today
India may double wheat export quotas due to record stocks
Ukrainian sunflower seed prices rise along with oil and freight costs
Wheat production estimated at 29.3 mln tons in Pakistan
European Commission forecasts three-year high sunflower seed harvest
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon