The Suez Canal Authority will extend the terms of its Circular No.2/2016, regarding reduction offered to container ships coming from ports of the East of America heading to South and South-East Asian ports, to remain in force until the end of this year (31 December 2017).
The Circular states that:
- Container ships coming from port of Norfolk and its northern ports heading to the ports of Port Kelang and its eastern ports shall be granted a reduction of 45%.
- Container ships coming from ports south of port of Norfolk heading to:
(a) Ports of Port Keland and its Eastern ports shall be granted a reduction of 65%
(b) Ports of Colombo and its eastern ports located just up to port of Port Kelang shall be granted a reduction of 55%
- Reduction rates mentioned above shall be calculated only from the applicable transit tolls as per the table of dues + additional dues of extra tiers of containers.