VOL. XXX
NO. 1
13-OCTOBER-1986
EGYPT
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...
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