News of the day

Revised Rebate Policies for Vessels in Suez Canal Transit

Vehicles Carriers

 

(Laden/Balkast) “Vehicles Carriers” operating directly between ports at the “East Coast of the Americas and the US Gulf” and ports at the “Far East and Southeast of Asia (starting from Port Klang and its Eastern ports)” are granted the following rebate percentages:

1)  For voyages between ports “starting from Norfolk port and its Northern ports” and “Port Klang & its Eastern ports” is granted a rebate of 40% from Suez Canal normal transit dues. 

2)  For voyages between ports “South to Norfolk port” and “Port Klang & its Eastern ports” is granted a rebate of 55% from Suez Canal normal transit dues.  

 

Liquefied Petroleum Gas (LPG) Carriers:

 

Suez Canal Authority decided that circular no. (4/2020) & it’s renewing and amending periodical issued on 18 December 2022, concerning Liquefied Petroleum Gas‏ ‏‎(LPG) carriers ‎(Laden or Ballast) operating between (the East Coast of the Americas & the “US Gulf”) and‎ (India & its Eastern ports), shall remain in force until 30 June 2024 (the last permissible sailing date from origin port is 30 June 2024).

 

Chemical Tankers & Other Liquid Bulk Tankers

 

​Suez Canal Authority decided that circular (3/2023) concerning “Chemical & Other Liquid Bulk” tankers [laden (transit dues rate 6L) \ ballast (transit dues rate 6B)], shall remain in force after amending the circular as follows:

Amending article one of circular (3/2023) to read the “Rebate Percentages” as follows:

 

1. “Chemical & Other Liquid Bulk” Tankers [ laden (transit dues rate 6L) \ ballast (transit dues rate 6B)] operating between the “American Gulf” (starting from Miami port and its western ports within the “American Gulf” also ports located southern of the “American Gulf) on one side and the below areas at India and its eastern ports on the other side; shall be granted the following rebate percentages:

 

a) Ports West of the Indian subcontinent (starting from “Karachi, Pakistan” until Cochin at the west of India), shall be granted a rebate of 25% of Suez Canal normal tolls.

b) Ports located East of “Cochin port” until before “Port Klang”, shall be granted a rebate of 55% of Suez Canal normal tolls.

c) “Port Klang” and its eastern ports, shall be granted a rebate of 75% of Suez Canal normal tolls.

 

2. “Chemical & Other Liquid Bulk” Tankers [ laden (transit dues rate 6L) \ ballast (transit dues rate 6B)] operating between ports at the “East Coast of North America” (ports located at the North of Miami port) on one side and the below areas at India and its eastern ports on the other side; shall be granted the following rebate percentages:

 

a) Ports located East of “Cochin port” until before “Port Klang”, shall be granted a rebate of 25% of Suez Canal normal tolls.

b) “Port Klang” and its eastern ports, shall be granted a rebate of 35% of Suez Canal normal tolls.

 

Petroleum Products Tankers

 

​Suez Canal Authority decided that circular no. (2/2023) concerning “Petroleum Products” tankers (transit dues rate 2L), shall remain in force after being amended as follows:

 

Amending “Article One” of the circular to read the “Rebate Percentages” and “Ports Ranges” as follows:

1. Laden “Petroleum Products” tankers (transit dues rate 2L) operating between the US Gulf ports (starting from Miami port and its western ports within the “US Gulf”) and the Caribbean area (Ports located North of San Andres Island- Latitude 12o 34' 40''N) on one side and the following areas at Asia on the other side, shall be granted rebates as follows:

 

a) Ports West of the Indian subcontinent (starting from “Karachi, Pakistan” until Cochin at the west of India), shall be granted a rebate of 30% of Suez Canal normal tolls.

b) Ports located East of “Cochin port” until before “Port Klang”, shall be granted a rebate of 65% of Suez Canal normal tolls.

c) “Port Klang” and its eastern ports, shall be granted a rebate of 75% of Suez Canal normal tolls.

 

2. Laden “Petroleum Products” tankers (transit dues rate 2L) operating between “Latin America” ports starting from Colombia (San Andres Island-Latitude 12° 34' 40'' N) and its southern ports on one side and Asian ports (starting from Karachi, Pakistan and its eastern ports) on the other side, shall be granted a rebate of 75% of Suez Canal normal tolls.

 

Liquefied Natural Gas (LNG) Carriers

 

​Suez Canal Authority has decided that circular (7/2017) & amending & renewal periodicals issued on 27 September 2020 & 21 June 2023, concerning LNG tankers (laden/ballast) operating between ports at the “East Coast of the Americas and the US Gulf” and Asian ports, shall remain in force for LNG tankers transiting the Suez Canal from 1st of January 2024 until 30 June 2024.