NewsSuez Canal fee hikes set to add to the pressure on Asia-Europe carriers

October 31, 2023by 0

Container shipping lines are set to see another spike in costs next year after the Suez Canal Authority (SCA) announced that it would increase fees on northbound transits by 15%.
The same hikes, which will will take effect on 15 January, also apply to all other types of vessel except ro-ro ships, which will be subject to a 5% increase.
The increases will not apply to eastbound vessels returning to Asia whose …

The post Suez Canal fee hikes set to add to the pressure on Asia-Europe carriers appeared first on The Loadstar.

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