Oil, gas and mining

Egypt to raise Suez Canal transit fees in 2023 in response to inflation



이집트, 수에즈운하 통항료 내년부터 10∼15% 인상

Because of inflation around the world, Egypt has announced that it’s raising the transit fees for ships passing through one of the main arteries for world trade, the Suez Canal.
The Suez Canal Authority said Saturday that fees are going up starting January 1st next year… by 15 percent for tankers carrying oil and petroleum products… and 10 percent for dry bulk carriers and cruise ships.
The head of that agency, Osama Rabie, said inflation has increased the cost of the canal’s operation.
Egypt is also running low on the foreign currency it needs for imports.
The Suez Canal handles about 10 percent of global trade, including 7 percent of the world’s oil.

#Suez_Canal #Egypt #ARIRANG_NEWS

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2022-09-18, 12:00 (KST)

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