VOL. XXXII

NO. 4

31-OCTOBER-1988

EGYPT

Suez Canal Tolls to Rise by up to Eight Percent in 1989

The Suez Canal Authority (SCA) will raise the transit tolls on ships usingthe waterway by up to 8% in 1989, SCA Chairman Muhammad 'Izzat 'Adil said on27 October. "It has been two years now since the last toll hike went intoeffect because of a recession in the shipping market," Mr. 'Adil told anews conference. The increase, effective from 1 January 1989, will be inverselyproportional to the size of ships....