The Suez Canal Authority (SCA), in an effort to enhance its competitive advantage, is offering discounts for product tankers crossing the canal between US Gulf and Caribbean Ports and Asia.
aden “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:
- Ports West of the Indian subcontinent (starting from “Karachi, Pakistan” until Cochin at the west of India), shall be granted a rebate of 20% of Suez Canal normal tolls.
- Ports located East of “Cochin port” until before “Port Klang”, shall be granted a rebate of 60% of Suez Canal normal tolls.
- “Port Klang” and its eastern ports, shall be granted a rebate of 75% of Suez Canal normal tolls.