Egypt’s Suez Canal Charging Very Large Crude Carriers Coming From Arabian Gulf $155,000
June 19, 2016
Egypt’s Suez Canal Authority has set new toll rates for oil tankers as part of a six-month experiment that went into effect Thursday, it said on its website. Very large crude carriers (VLCCs) transitting the canal from the Arabian Gulf after discharging at the SUMED oil pipeline will be charged $155,000 if they are carrying more than 250,000 in deadweight tonnage.
The VLCCs are to pay $230,000 on their return ballast trip.