VOL. XLIV
No 39
24-September-2001
EGYPT
Suez Canal Expansion PlansUnlikely To Alter VLCC Economics, Report Says
Plans to upgrade the Suez Canal toallow ships of greater beam and draft to transit the waterway are unlikely tochange significantly the economics of transporting crude through the canal inVery Large Crude Carriers (VLCCs) compared to the Cape route, given currenttimecharter rates, bunker costs and Suez transport tariffs, according to a 7September report by Poten & Partners entitled...
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