VOL. XLV

No 18

6-May-2002

EGYPT

Suez Canal Authority Details Tariff Cuts ForLNG And Crude Tankers In 2002

The Suez CanalAuthority (SCA) has frozen its standard tariffs for 2002 and introduceddiscounts for specific types of ships and cargoes aimed at boosting East-WestLNG trade and the number of VLCCs and environmentally-friendlytankers using the waterway. In its 2001 Yearly Report, the SCA said it wasfreezing standard transit tariffs for 2002 due to concerns over internationalevents that may...