Shipping companies delay plans to increase service fees until they can factor in electricity price hikes

Shipping companies have decided to delay service fee increases that had been set in response to the government’s decision to boost fuel prices until the recent hike in electricity prices can be factored into the costs, Unigrain Shipping’s General Manager Hani Mekky tells Al Borsa. The increases are slight, Mekky says, explaining that the price of transporting a tonne of grains, for example, will rise by EPG 5 as a result of the fuel hike.