VOL. XXXII

NO. 50

18-SEPTEMBER-1989

EGYPT

No Increase in Suez Canal Tolls Is Planned for 1990

The Suez Canal Authority (SCA) does not plan to raise the Canal's tolls in1990, according to SCA Chairman Muhammad 'Izzat 'Adil who said that the ratesintroduced at the start of this year (MEES, 30 January) will remain in force inthe coming year. He explained that the decision not to raise the rates was takenafter a detailed study of all aspects of the shipping and tanker markets.

On a separate occasion,...