Circular no  (3/2018)

Circular no (3/2018)

Suez Canal Authority has decided that circular no. (3/2018) concerning the rebate granted to (Laden/Ballast) Dry Bulk Vessels operating between Americas’ Eastern ports and Asian ports, shall remain in force till 30 June 2022 after amending Article One of the circular to read as follows: 1. Laden or Ballast Dry Bulk Vessels coming from (or heading to) the East Coast of North America (ports located at the North of Savannah port) and heading to (or coming from) the following areas: a) Ports West of Indian subcontinent starting from Karachi up to Kochi port; shall be granted a rebate of 10% of Suez Canal normal tolls. (Reduced from 15%) b) Kochi port and its Eastern ports up to Port Klang shall be granted a rebate of 40% of Suez Canal normal tolls. (Reduced from 45%) c) Port Klang port and it Eastern ports (including Far East area) shall be granted a rebate of 55% of Suez Canal normal tolls. (Reduced from 60%) 2. Laden or Ballast Dry Bulk Vessels coming from (or heading to) Savannah port (Latitude 32° 6' 39" N) and its Southern Ports (including Ports of US Gulf, Mississippi River, Caribbean Sea and Latin America) and heading to (or coming from) the following areas: a) Ports West of Indian subcontinent starting from Karachi up to Kochi port; shall be granted a rebate of 25% of the Suez Canal normal tolls. (Reduced from 35%) b) Kochi port and its Eastern ports (including Far East area); shall be granted a rebate of 75% of Suez Canal normal tolls.

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