27 Jun 2018 / Suez Canal, Egypt
The Suez Canal Authority has announced that, with effect from 1 July 2018, the allowed cargo residues of LNG tankers to qualify for the ballast vessels due rate will be raised to a maximum of 5% of the vessel's summer deadweight (compared to 2% in effect to date).
This measure has been taken in a bid to meet the desire of LNG tanker owners and operators and to encourage more LNG tankers to transit the Suez Canal.
For information about operations in the Suez Canal contact GAC Egypt at [email protected]
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