|REBATES ANNOUNCED FOR DRY BULK VESSELS
Suez Canal, Egypt
|Rebates announced for dry bulk vessels|
|Wednesday, April 5, 2017, Suez Canal, Egypt|
|The Suez Canal Authority is offering new rebates on canal transit tolls for dry bulk vessels transiting the waterway for a trial period until 31 December 2017.
In its Circular No.2/2017, the Authority advises that dry bulk vessels coming from Ports at East & south of Australia heading to Ports at North West of Europe via the Suez Canal, shall be granted a 75% of the vessels’ normal tolls.
Further, the Suez Canal Authority’s Circular No.3 /2017 states that dry bulk vessels coming from the ports in the Republic of South Africa and heading via the Suez Canal for a Mediterranean sea port (including Black Sea ports), bounded by Cetua Port to the West of the Mediterranean Sea, shall be granted a 40% rebate on normal Canal tolls.
In both cases, applications should be submitted prior to the ship sailing from its origin port. Vessels may not stop in any intermediate port/s for cargo operations. Rebate original certificates from the loading origin, destination, bunkering and claim letter to be submitted to the Suez Canal authority within one year from vessel’s transit date.
For further details of rebates, documentation and terms, or information about operations in the Suez Canal in general, contact GAC Egypt at firstname.lastname@example.org