Suez Canal - LNG : rebates circular 7/2017

Suez Canal - LNG : rebates circular 7/2017

BB. 7/2017 == As an encouragement for LNG tankers operating between the “American Gulf” (starting from Miami port and its western ports within the “American Gulf”), ports South of the “American Gulf”, “Arabian Gulf” (ports within the Arabian Gulf starting from the port of Muscat), India and eastern ports at Asia to pass through Suez Canal; Suez Canal Authority has decided the following: Amending article one of circular (7/2017) to read as follows: LNG tankers (laden/ ballast) operating between the “American Gulf” (starting from Miami port and its western ports within the “American Gulf”), ports South of the “American Gulf” and the below areas at Asia shall be granted the following percentages: a) Arabian Gulf (ports within the Arabian Gulf starting from Muscat port) and ports at west of India till port of Kochi a rebate of 30% of Suez Canal normal tolls. b) Eastern ports to the port of Kochi up to Singapore a rebate of 55% of Suez Canal normal tolls. c) Singapore ports and its eastern ports a rebate of 70% of Suez Canal normal tolls. ·This article contains an amendment for an earlier article: Article One - Circular No. 7/2017 “Article Two” and “Article Three” of the circular shall remain in force. - The attached periodical issued on 21/12/2021 and is applicable to LNG carriers transiting the Suez Canal starting from the 1st of January 2022 till the 30th of June 2022 (the last permissible date for the LNG tanker to transit the Suez Canal is the 30th of June 2022).

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