VOL. XXXVI

NO. 9

30-NOVEMBER-1992

EGYPT

SCA Offers Discounts of 45-55% to Tankers in Ballast

In an effort to attract more business, the Suez Canal Authority (SCA) willoffer substantial discounts on the transit fees for VLCCs returning to the Gulfin ballast. The discounts, amounting to 45% of the applicable fees for tankersunder 200,000 dwt and 55% for larger tankers, will come into effect on 1December. The SCA, which is currently implementing a limited expansion plan thatwill enable fully loaded...