Monday, June 5, 2023
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home North Africa Egypt

Egypt’s Suez Canal increases transit tolls by up to 10 percent

by SAT Reporter
March 2, 2022
in Egypt, North Africa
0
Egypt’s Suez Canal increases transit tolls by up to 10 percent

SUEZ CANAL, RED SEA, EGYPT - JANVIER 20: Loaded containers stacked on top of a cargo ship sailing in a canal on Janvier 20, 2017 in Suez Canal, Red sea, Egypt. (Photo by Camille Delbos/Art In All of Us/Corbis via Getty Images)

0
VIEWS

LONDON, (The Southern African Times) – Egypt’s Suez Canal Authority (SCA) announced on Tuesday an increase in the transit tolls by up to 10 percent for laden and ballast vessels.

The decision, which was made in line with significant growth in global trade, waterway development, and transit service enhancement, takes effect on March 1, the SCA said in a statement.

This is the second toll increase in two months.

On February 1, the SCA raised its transit tolls by six percent for vessels traveling through the waterway, except for the tourist ships and the Liquified Natural Gas (LNG) carriers.

“The new increase is subject to continuous evaluation based on the changes of the marine transit market,” the statement added.

Linking the Mediterranean Sea with the Red Sea, the Suez Canal was officially opened for international navigation in 1869, serving as a lifeline for global seaborne trade. Around 12 percent of the world’s trade passes through the canal.

Previous Post

Economists See Few Monetary Policy Changes With Powell Leading Fed

Next Post

Kenya commits to strengthening regional infrastructure

SAT Reporter

Related Posts

AU and IGAD Launch Post-Conflict Needs Assessment for South Sudan
South Sudan

AU and IGAD Launch Post-Conflict Needs Assessment for South Sudan

by SAT Reporter
May 12, 2023
Chad to expel German ambassador over ‘discourteous attitude’
North Africa

Chad to expel German ambassador over ‘discourteous attitude’

by SAT Reporter
April 10, 2023
Egypt’s top diplomat visits Syria for first time in a decade
Egypt

Egypt’s top diplomat visits Syria for first time in a decade

by SAT Reporter
February 27, 2023
Egypt raises key rates by 200 basis points amid economic reforms to secure IMF loan
Egypt

Egypt raises key rates by 200 basis points amid economic reforms to secure IMF loan

by SAT Reporter
October 27, 2022
Feature: Cairo launches 1st bike-sharing project to promote eco-friendly transport
Feature

Feature: Cairo launches 1st bike-sharing project to promote eco-friendly transport

by SAT Reporter
October 22, 2022
Next Post
Kenya commits to strengthening regional infrastructure

Kenya commits to strengthening regional infrastructure

Browse by Category

  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • Botswana
  • BOTSWANA
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Opinion
  • Politics
  • Racism
  • Rwanda
  • SAT Jobs
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sustainablity
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa News african footballer African investments African news African start-up Agriculture banking Business China Classic Climate change Content currency economy Explore Bali Finance football Health Investment Kenya Life Style Markets Market Stories Nigeria oil and gas Opinion Pandemic Politics Premium Russia South Africa Southern African News sports Stay Home technology Travel United Kingdom United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?