Suez Canal renews discounts to vessels from the Americas, Southeast Asia

The Suez Canal Authority (SCA) has renewed discounts on container ships and bulk carriers crossing the Suez Canal until the end of the year. Crude oil tankers traveling towards the US Gulf and the Caribbean islands, and those heading towards ports between Kochi in India and Karachi in Pakistan will continue to enjoy a 45% fee reduction. Tankers traveling to ports to the west of Kochi will, meanwhile, see a 75% discount in place. Other ports will also continue to benefit from discounts on liquified petroleum gas carriers, including some in South America and southeast Asia. The SCA has regularly been offering discounts to vessels passing through the canal in a bid to attract more traffic.