Renewal & amendment of containership fixed rebates

19 Dec 2023 / Suez Canal, Egypt

The Suez Canal Authority has announced the renewal/amendment of containerships’ fixed rebates for 2024, as well as the extension of their validity until 30 June 2024.

The respective amended document is Periodical of Circular (2/2016) dated 13 December 2023, concerning laden or ballast containerships coming from ports on the east coast of the Americas and the US Gulf and heading to ports in the south and south-east of Asia, which shall remain in force according to the following:

  • First: Amending para. 1 & 2 to read as follows:

    1) Laden or ballast containerships coming from the port of Norfolk and its northern ports and heading to Port Klang and its eastern ports shall be granted a rebate of 40%.

    2) Laden or ballast containerships coming from ports south of Norfolk and heading to:
    a) Port Klang and its eastern ports shall be granted a rebate of 60%.
    b) Port of Colombo and its eastern ports up to Port Klang shall be granted a rebate of 50%.

  • Second: This periodical applies to laden or ballast containerships sailing from the “Port of Origin” from 1 January 2024 until 30 June 2024.

For further details, as well as information about operations in the Suez Canal, contact GAC Egypt at [email protected]

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