Container ships with the capacity of 100 units or less passing through the Damietta Port will be exempt from paying the additional port fees, the Suez Canal Authority (SCA) decreed last Thursday, according to Al Borsa. The decision comes as part of a wider plan to attract more traffic to Egyptian ports, which saw the SCA offer discounts ranging from 45-75% for oil tankers traveling between the US and Asia via Suez Canal. Dry bulk carriers traveling from South Africa to Mediterranean ports or vice versa will also see their tolls slashed by 40-50%.
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