Suez Canal extends rebates for ships

Additional vessels are now given an extended discount period if companies opt to have them sail through the Suez Canal rather than south of Africa. Several vessel types still lack clarification, but most have been extended so far.

Photo: Mohamed Abd El Ghany/Reuters/Ritzau Scanpix

Suez Canal authorities now offer a prolonged rebate period to a long list of ships sailing through the passage. The rebates were introduced in an effort to ensure that vessels do not instead opt for the longer route south of Africa.

The item in question pertains to the so-called fixed rebates and is now being extended by up to six months, applying to dry bulk ships on routes between Australia and Europe as well as between the Mediterranean and Black Sea region and South Africa.

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