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Suez Canal once again ups prices noticeably

Even though there have just been price increases on the Suez Canal, carriers will once again have to pay up as there will be new price surges taking effect on May 1. All the way up to 20 percent extra. Shipping companies are doing well financially, the explanation goes.
Photo: Stringer Egypt/REUTERS / X01333
Photo: Stringer Egypt/REUTERS / X01333
by TOMAS KRISTIANSEN

The many shipping companies passing through the Suez Canal will be paying more to do so as of May 1, when the Suez Canal Authority’s (SCA) just announced price surges take effect.

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