Suez Canal tanker tolls unchanged

Jan 04 2019


The Suez Canal Authority (SCA) has extended its oil tanker transit rates for another year.

Circular No (1/2018) is to remain in force till the 31st December, 2019 after Paras 1 and 2 of Article One were amended, as follows: 1) Crude oil tankers (laden or ballast) coming from (or heading to) ports of the US Gulf, Caribbean area heading to (or coming from):

a) Ports West of Indian subcontinent (starting from Karachi to Cochin) shall be granted a reduction of 50% of the SCA normal tolls.

b) Ports located East of Cochin port shall be granted a reduction of 75% of the normal tolls.

2) Crude oil tankers (laden or ballast) coming from (or heading to) ports of Latin America, starting from Colombia (San Andres Island) and its southern ports heading to (or coming from) the Asian ports, starting from Karachi port and its eastern ports shall be granted a reduction of 75% of the normal tolls.

Circular No (3/2016) for VLCCs is also extended to the end of this year.

This concerns VLCCs (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 pipeline:

1) VLCCs coming from the south are to pay a Lump sum of $155,000 (including tugs, arrival after limit time and convoy booking charges).

2) VLCCs to pay a Lump sum of $180,000 on the return ballast trip (including the charges listed above).

 

 

 



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