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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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23 Oct 2023 / Suez Canal, Egypt
The Suez Canal Authority has announced a new rebate for dry bulk vessels operating between Egyptian ports on the Red Sea and ports in south-west Africa.
According to the Authority’s Circular 9/2023 dated 23 October, dry bulk vessels (laden/ballast) shall be granted the following rebate percentages:
a) 20% of Suez Canal normal tolls for vessels operating to/from ports in Ghana, Togo, Benin and Nigeria;
b) 45% of Suez Canal normal tolls for vessels operating to/from ports in Cameroon and its southern ports.
Any operating company wishing to benefit from this circular must submit a request through its shipping agency before sailing from port of origin. The request must state:
- vessel’s particulars
- origin port & sailing date
- destination port
- ETA to Suez Canal
- vessel’s condition (laden\ballast)
- type & quantity of cargo
through the fixed rebates circulars electronic service.
The vessel must not call any intermediate ports for commercial purposes during its voyage between origin port and destination port. In case the vessel calls at any intermediate ports for non-commercial purposes, a certificate issued by the port authority or other competent authorities will be required stating the reason for calling.
Full “normal Suez Canal transit tolls” to be paid upon transit and the rebate amount will be refunded after submitting all the required documents within one calendar year starting the following day of transit. All the required documents related to the rebate case must be submitted as one package.
Required documents to refund the rebate amount are:
a) Origin port certificate from the last port that the vessel sailed from stating the departure date, quantity of cargo in metric tons, type of cargo upon departure, reason for calling at the port, and vessel’s status upon departure. This must be duly signed & stamped by the port authority or other competent authorities.
b) Destination port certificate from the first port of arrival stating the arrival date, quantity of cargo in metric tons, type of cargo upon arrival, reason for calling at the port, and the vessel’s status upon arrival. This must be duly signed and stamped by the port authority or other competent authorities.
c) Principals Claim requesting to refund the rebate amount stating the circular number, vessel's particulars, port of origin and sailing date, destination port and arrival date, Suez Canal transit date, claimed rebate percentage and a clear disclaimer that the vessel had not called any intermediate ports for commercial purposes.
Failing to submit all the required documents in due time or calling any intermediate ports for commercial purposes or breaching any of the pre-set circular conditions will lead to the cancellation of the rebate previously granted to the vessel as per this circular.
This applies to vessels sailing from origin port from 1 November 2023 until 30 June 2024 (last permissible sailing date from origin port).
For further details, as well as information about operations in the Suez Canal, contact GAC Egypt at [email protected]