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22 Dec 2016 / Suez Canal, Egypt

Arrangement for VLCCs extended

The Suez Canal Authority has extended the six-month arrangement for VLCCs over 250,000 DWT coming from the Arabian Gulf or Caribbean Zone on a round trip and transiting the Canal after discharging part of their cargo in the SUMED line, until 31 December 2017.

The arrangement, initially announced in June 2016, stated that:

  • Any VLCC coming from south to pay a lumpsum of USD 155,000 (including charges for tugs, arrival after limit time and booking in the convoy);
  • A VLCC is to pay a lumpsum of USD 230,000 on her return ballast trip (including charges for tugs, arrival after limit time and booking in the convoy);
  • Any company wishing to benefit from this arrangement must submit a request before transit through its Maritime Agency;

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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