VLCCs transiting the Suez Canal

17 Jun 2016 / Suez Canal, Egypt

Concerning VLCC (of more than 250,000 DWT) coming from Arabian Gulf, heading to American Gulf or the Caribbean zone on their round trip to transit the Suez Canal after discharging part of their cargo in SUMED line.

The Suez Canal Authority has decided the following:

Any VLCC coming from south is to pay a lumpsum of USD 155,000 (including charges of tugs, charges for arrival after limit time and charges for booking in the convoy).

A VLCC is to pay a lumpsum of USD 230,000 on her return ballast trip (including charges of tugs, charges for arrival after limit time and charges for booking in the convoy).

Any company wishing to benefit from this circular has to submit a request before transit through its Maritime Agency.

This circular takes effect as of 16 June 2016 for an experimental period of 6 months (180 days), to be renewed.

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

Source: Suez Canal Authority Circular3/2016

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