NO. 1



1987 Suez Canal Tolls Favor Bulk Carriers

The new Suez Canal transit rates, which will come into effect on 1 January1987, were announced by Suez Canal Authority Chairman Muhammad 'Adil 'Izzat at apress conference in Ismailia on 7 October. The new rates introduce increases intransit tolls on lower tonnage levels of all ships using the Canal, but reducethem substantially on the upper tonnage of bulk carriers and to a lesser extenton oil tankers in a bid to...