VOL XXXI

NO. 6

16-NOVEMBER-1987

EGYPT

No Increase in Suez Canal Transit Tolls Is Planned for 1988

The Suez Canal Authority (SCA) does not plan to raise the Canal's transittolls in 1988, according to SGA Chairman Muhammad 'Izzat 'Adil. Talking toreporters on 12 November Eng. 'Adil explained that the Authority had decided notto raise the tolls next year due to unstable financial markets, low bunker fuelprices, and a recession in shipping. "The tolls that have been in effectthis year will remain...