NO. 4



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....