10 Jan 2018 / Suez Canal, Egypt

VLCCs routing through Canal

To encourage VLCCs on routing through Suez Canal rather than Cape of Good Hope route, Suez Canal Authority decided that circular No. 3/2016 concerning VLCC (of DWT more than 250,000 tons) that transit the Suez Canal after discharging part of their cargo in “SUMED” pipeline on their round trip coming from the Arabian Gulf heading to the American Gulf or the Caribbean zone, shall remain in force for an additional year ending on 31/12/2018.

VLCC is to pay a lump sum of USD 180,000 on her return ballast trip from North entrance (including extra charges levied for tugs, arrival after limit time and booking in the convoy).

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

Source: Suez Canal Authority Periodical on Circular No.3/2016 dated 8 January 2018

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

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