{"id":642582,"date":"2017-08-17T04:00:46","date_gmt":"2017-08-17T04:00:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/"},"modified":"2017-08-17T04:00:46","modified_gmt":"2017-08-17T04:00:46","slug":"government-announces-incentives-for-shipping-companies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/","title":{"rendered":"Government announces incentives for shipping companies"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Ship lines get port fee break as gov\u2019t looks to restore competitiveness:<\/strong> The Ismail government will be providing shipping companies with breaks on Suez Canal port fees as high as 50%. The reduced pricing will be proportionate to the volume of cargo shipped by the lines, Transport Minister Hisham Arafat and the Suez Canal Authority (SCA) head Mohab Mamish announced in a press conference on Wednesday, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1177969\">according to AMAY<\/a>. The government has also apparently set a unified payment structure for port fees throughout the Suez Canal. The move is meant to win back shipping lines that left East Port Said port in March to protest a 150% hike in fees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ship lines get port fee break as gov\u2019t looks to restore competitiveness: The Ismail government will be providing shipping companies with breaks on Suez Canal port fees as high as 50%. The reduced pricing will be proportionate to the volume of cargo shipped by the lines, Transport Minister Hisham Arafat and the Suez Canal Authority [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642582","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fbad04e5-6c3f-4d1a-825f-654e2140914e","order":"0","is_powered_by":true,"section_story_id":"2bad9f49-0fb7-406a-9398-6dcbb2921efa","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642575],"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>Government announces incentives for shipping companies - 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\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government announces incentives for shipping companies\" \/>\n<meta property=\"og:description\" content=\"Ship lines get port fee break as gov\u2019t looks to restore competitiveness: The Ismail government will be providing shipping companies with breaks on Suez Canal port fees as high as 50%. The reduced pricing will be proportionate to the volume of cargo shipped by the lines, Transport Minister Hisham Arafat and the Suez Canal Authority [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-17T04:00:46+00:00\" \/>\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\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government announces incentives for shipping companies\",\"datePublished\":\"2017-08-17T04:00:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/government-announces-incentives-for-shipping-companies\/\",\"name\":\"Government announces incentives for shipping companies - 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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":650194,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/19\/five-major-shipping-lines-halt-operations-in-east-port-said-port-in-response-to-port-fees-hikes\/","url_meta":{"origin":642582,"position":1},"title":"Five major shipping lines halt operations in East Port Said port in response to port fees hikes","author":"enterpriseam admin","date":"19 March 2017","format":false,"excerpt":"Five major shipping lines reportedly ceased operations in the port of East Port Said last Wednesday in response to the Transportation Ministry\u2019s raising of port fees late last year, according to sources from the Suez Canal Economic Zone. The lines include Hapag-Lloyd, K Line, Yang Ming Marine Transport, Mitsui O.S.K.\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":637354,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/unified-port-fees-implemented-across-egypts-ports-on-a-trial-basis\/","url_meta":{"origin":642582,"position":2},"title":"Unified port fees implemented across Egypt\u2019s ports on a trial basis","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"The Transport Ministry began implementing unified port fees nationwide last month on a trial basis, Transport Minister Hisham Arafat announced yesterday, Al Masry Al Youm reports. 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Ocean Alliance \u2014 which includes CMA CGM Group, APL, Evergreen, and China\u2019s COSCO Shipping \u2014 had decided to suspend\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597308,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/govt-approved-incentives-for-shipping-companies-revealed\/","url_meta":{"origin":642582,"position":4},"title":"Gov\u2019t-approved incentives for shipping companies revealed","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"Incentives to shipping companies revealed: Shipping companies will receive discounts of up to 45% on shipping fees as part of a package of new incentives approved by cabinet last week, Al Mal reports. The government will also waive guidance, lighthouse, and docking fees for three years as of September. Ships\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\/2020\/4\/148.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602645,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/02\/shipping-lines-ask-for-cheaper-fees-to-return-to-east-port-said-port\/","url_meta":{"origin":642582,"position":5},"title":"Shipping lines ask for cheaper fees to return to East Port Said Port","author":"enterpriseam admin","date":"2 April 2019","format":false,"excerpt":"Shipping lines that have withdrawn from East Port Said Port since 2017 have asked for a new fixed-fees system for 3-5 years to compete with alternative ports, Suez Canal Container Terminal CEO Lars Christensen said, according to Al Mal. 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