Suez Canal authority to raise transit fees by 15% in 2023


Shipping containers are seen on a ship, belonging to Ocean Network Express (ONE), moving through the Suez Canal in Suez, Egypt February 15, 2022. REUTERS/Mohamed Abd El Ghany/File Photo

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the canal authority’s chairman Osama Rabie said on Saturday.

Transit fees for bulk and tourist ships will be raised by 10%, Rabie added.

The fee increase will be applied starting Jan. 1, 2023.

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