Suez Canal Introduces Toll Discounts for LNG Carriers

Suez Canal Authority The Suez Canal Authority is granting toll reductions for LNG tankers operating between the American Gulf, Arabian Gulf zone, India and its eastern ports. The toll reductions relate to tankers either loaded or in ballast. A 30% cut will be offered to LNG carriers sailing in the Arabian Gulf and west of India up to Kochi port. A reduction of 40% of the canal dues is being provided for tankers transiting East of the Port of Kochi west of India up to the Port of Singapore, while a reduction of 50% will be in place for Singapore and its eastern ports. In order to obtain the discount, a company needs to submit a request before transit through its shipping agency. In addition, the ship must not call any port in between port of origin and port of destination for commercial purposes, which needs to be proven by a formal declaration from a ships operator. In case of calling at in-between ports for non-commercial purposes, the authorities of these ports have to submit a certificate to the SCA, stating the reasons of calling. The company should also submit a certificate from the last port of origin stating the date of sailing and a certificate from the first port of arrival stating the date of arrival. The documentation should be submitted within 60 days from the date of transit.