announced a new package of incentives and discounts for shipping companies in a
bid to ensure the sustainability of shipping lines’ schedules.
ports and transiting Suez Canal can now expect savings reaching up to 45% on
the fees of navigational aids and lighthouses.
the reduction of formalities and paper works in order to facilitate the
procedures of transshipment containers and bunkering.
the duplication between any kind of fees concerning transit toll and any other
this initiative to have a positive impact on the number of vessels calling at
Egyptian ports and transiting Suez Canal.
announcement on new incentives, Mohab Mamish, the chairman of the Suez Canal
Economic Zone (SCZone) development project, said Egypt aimed to increase
investments in the project to USD 55 billion in 15 years.
currently under construction is close to USD 20 billion, Mamish added.