24 Jul 2019 / Egypt
In line with its policy aiming to achieve pricing flexibility ensuring the sustainability of shipping lines’ schedules, the Egyptian Government has announced a package of incentives and discounts up to 45% on fees for navigational aids and lighthouses for vessels calling at Egyptian ports and transiting the Suez Canal.
The new incentives will include the reduction of formalities and paperwork to facilitate the procedures of transshipment containers/bunkering.
The new package will also prevent the duplication between any kind of fees concerning transit tolls and any other port dues.
The initiative will have a prompt an increase in the number of vessels calling at Egyptian ports and transiting the Suez Canal. Its main objective is to attract the maritime alliances to call Egyptian ports, especially after the latest development like establishment of new berths with more depth and deepening the existing berths.
Egyptian ports are witnessing continuous development of the services provided to the vessels in order to supply new services for the shipping lines in accordance with international standards in addition to the advantages of its location.
For information about operations in Egypt, contact GAC Egypt at [email protected]
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