Suez Canal Extends Containership Rebates to Year End

The Suez Canal Authority has further extended rebates for containerships from ports of the East Coast of America heading to South and South East Asian ports.

News ID: 75246

Date: 28 July 2017 - 12:00

The discounts originally introduced in March 2016 for a limited period have been both increased and extended in duration on several occasions, MANA correspondent reported.

The rebates, which expired on 30 June this year, have now been extended to the end of December analyst Alphaliner reported in its weekly newsletter.

The authority will continue to grant all containerships coming from ports north of the Port of Norfolk on the US East Coast and heading to Port Klang and ports eastwards a 45% rebate on canal tolls.

For ports south of Norfolk vessels departing and calling Port Klang and eastwards will continue to be granted a 65% rebate in tolls, while those calling Colombo and eastwards will be given a 55% rebate.