{"id":568255,"date":"2020-12-23T03:47:36","date_gmt":"2020-12-23T03:47:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/"},"modified":"2020-12-23T03:47:36","modified_gmt":"2020-12-23T03:47:36","slug":"the-suez-canal-is-preparing-for-another-trade-slowdown","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/","title":{"rendered":"The Suez Canal is preparing for another trade slowdown"},"content":{"rendered":"<p><strong>More breaks at the Suez Canal:<\/strong> Liquified petroleum gas shippers will continue to pay lower Suez Canal transit fees until June 2021 as the government tries to support revenues as the pandemic continues to sap trade, the Suez Canal Authority said, according to <a href=\"https:\/\/bit.ly\/3nBPJK1\">Al Mal<\/a>. Since April, carriers traveling between southeast Asia and the US have gotten breaks ranging between 24% and 75%, depending on their route. The measures were introduced by the authority in response to a slowdown in global trade caused by the pandemic.<\/p>\n<p><strong>They\u2019re not the only ones getting a hand:<\/strong> The authority <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17069688-0787-4133-86d6-097c92f20b6a\">earlier this week<\/a> slashed transit fees for large oil tankers traveling between northern Europe and southeast Asia by 48%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More breaks at the Suez Canal: Liquified petroleum gas shippers will continue to pay lower Suez Canal transit fees until June 2021 as the government tries to support revenues as the pandemic continues to sap trade, the Suez Canal Authority said, according to Al Mal. Since April, carriers traveling between southeast Asia and the US [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":568256,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9935],"tags":[72,2234,145,100,9934,7103,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shipping","tag-enterpriseam","tag-foreign-exchange","tag-logistics","tag-policy","tag-shipping","tag-suez-canal","tag-transport","wpautop","entry"],"acf":{"mongo_id":"58cdbfb4-f883-420c-a495-620712c83d4e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/396.jpg","photo_position":"above","related_issue":[568243],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Suez Canal is preparing for another trade slowdown - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Suez Canal is preparing for another trade slowdown\" \/>\n<meta property=\"og:description\" content=\"More breaks at the Suez Canal: Liquified petroleum gas shippers will continue to pay lower Suez Canal transit fees until June 2021 as the government tries to support revenues as the pandemic continues to sap trade, the Suez Canal Authority said, according to Al Mal. Since April, carriers traveling between southeast Asia and the US [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-23T03:47:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/396.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The Suez Canal is preparing for another trade slowdown\",\"datePublished\":\"2020-12-23T03:47:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/396.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"foreign exchange\",\"logistics\",\"policy\",\"SHIPPING\",\"Suez Canal\",\"transport\"],\"articleSection\":[\"SHIPPING\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/the-suez-canal-is-preparing-for-another-trade-slowdown\/\",\"name\":\"The Suez Canal is preparing for another trade slowdown - 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Natural gas carriers running from Gulf and\u2026","rel":"","context":"In &quot;SHIPPING&quot;","block_context":{"text":"SHIPPING","link":"https:\/\/enterpriseam.com\/egypt\/category\/shipping\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/418.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634059,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/suez-canal-authority-renews-tariff-discounts-for-2018\/","url_meta":{"origin":568255,"position":1},"title":"Suez Canal Authority renews tariff discounts for 2018","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"Discounts on fees for container ships, dry bulk carriers, and oil tankers passing through the Suez Canal will be extended for an additional year, the Suez Canal Authority announced, Al Mal reports. Dry bulk carriers traveling from South Africa to Mediterranean ports or vice versa will see their tolls slashed\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636231,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/27\/north-america-far-east-shipping-lines-granted-50-discount-on-fees-at-suez-canal-ports\/","url_meta":{"origin":568255,"position":2},"title":"North America-Far East shipping lines granted 50% discount on fees at Suez Canal ports","author":"enterpriseam admin","date":"27 December 2017","format":false,"excerpt":"North America-Far East shipping lines granted 50% discount on fees at Suez Canal ports: Suez Canal Authority (SCA) Chairman Mohab Mamish issued a decision yesterday slashing port fees by 50% for ships traveling from North America to the Far East via Egypt, an unidentified source tells Al Mal. The discounts\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563227,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/23\/the-suez-canal-is-offering-more-discounts-on-transit-fees\/","url_meta":{"origin":568255,"position":3},"title":"The Suez Canal is offering more discounts on transit fees","author":"enterpriseam admin","date":"23 June 2021","format":false,"excerpt":"The Suez Canal Authority will slash transit fees for car carriers travelling between Northern Europe and Southeast Asia by 5% starting 1 July as it looks to boost traffic through the critical shipping route, the authority announced yesterday. The breaks will run through December.Container ships and bulk carriers travelling between\u2026","rel":"","context":"In &quot;Suez Canal&quot;","block_context":{"text":"Suez Canal","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/suez-canal\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/292.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":673655,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/16\/suez-canal-transit-could-pick-up-early-next-year\/","url_meta":{"origin":568255,"position":4},"title":"Suez Canal transit could pick up early next year","author":"enterpriseam admin","date":"16 October 2025","format":false,"excerpt":"Easing regional tensions and a positive regional growth forecast from the IMF is expected to encourage shippers to return to the channel","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/170.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627530,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/04\/sca-announces-discounts-for-ships-traveling-the-us-asia-route-until-31-december\/","url_meta":{"origin":568255,"position":5},"title":"SCA announces discounts for ships traveling the US-Asia route until 31 December","author":"enterpriseam admin","date":"4 June 2018","format":false,"excerpt":"Container ships plying the route between the east coast of the United States and ports in South and Southeast Asia via the Suez Canal will be granted discounts of 45-65% on transit fees until 31 December of this year, the Suez Canal Authority (SCA) announced yesterday in a statement carried\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=568255"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/568255\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/568243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/568256"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=568255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=568255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=568255"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=568255"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=568255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}