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12 Sep 2019 / Suez Canal, Egypt

Amendment to rules for LNG tankers

As an encouragement for LNG tankers operating between the "American Gulf" (starting from Miami port and its western ports within the "American Gulf"), ports South of the "American Gulf", "Arabian Gulf" (ports within the Arabian Gulf starting from the port of Muscat), India and eastern ports to pass through Suez Canal, the Suez Canal Authority has decided the following:

1- Amending “para 2” & “para 3” of “Article One” to read as follows:
LNG tankers (laden/ ballast) operating between the “American Gulf” (starting from Miami port and its western ports within the “American Gulf”), ports South of the “American Gulf” and the below areas shall be granted the following percentages:
a) Eastern ports to the port of Kochi up to Singapore a rebate of 50% from Suez Canal normal tolls.
b) Singapore ports and its eastern ports a rebate of 75% from Suez Canal normal tolls.

2- Para (1) of “Article One”, “Article Two” and “Article Three” of the circular shall remain in force.
(The Arabian Gulf and west of India up to port of Kochi. A reduction of 30% of Suez Canal normal dues.)

This is applicable to LNG carriers transiting the Suez Canal starting from 1 October 2019 till the 30 June 2020.

For information about operations in the Suez Canal contact GAC Egypt at [email protected]

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.

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