Egypt raises Suez Canal transit fees

Egypt announced on Saturday that it will raise transit fees in 2023 for all types of vessels passing through the Suez Canal, Qazet.az informs, citing CNBC.

According to a statement released by the Suez Canal Authority, transit fees for tankers passing through the canal will rise by 15%. The increase for dry bulk carriers and tourist ships is 10%. The fee hikes will take effect on January 1, 2023.