SCA offers discounts ranging from 45-75% on ships traveling the US-Asia route

Crude oil carriers traveling between Asian ports and the US Gulf, South America, and the Caribbean islands via Suez Canal will be granted discounts of 45-75% on port fees, the Suez Canal Authority (SCA) announced yesterday in a statement carried by Al Shorouk. Oil freighters traveling from the Colombian San Andrés port to ports located between Karachi in Pakistan and Cochin in India will receive a 65% discount, while those traveling further east of Cochin will receive a 75% discount, and those traveling back from ports located between Karachi and Cochin will receive a 45% discount on port fees. Sources had said last month that the SCA was planning to slash port fees by as much as 50% for the America-Far East shipping line in a bid to attract more traffic to the Suez Canal.