As explained, SCA aims to
encourage more ships to transit the Suez Canal with this decision.
The authority decided
that circular no. 1/2018 concerning crude oil tankers (laden or ballast) coming
from ports of the US Gulf, Caribbean area and Latin America and heading to
Asian ports, will remain in force from January 1 to December 31, 2019, after
Specifically, crude oil
tankers coming from or heading to ports of the US Gulf, Caribbean area and
heading to or coming from ports west of Indian subcontinent — starting from
Karachi till Cochin — will get a reduction of 50% of the Suez Canal normal
In addition, tankers
heading to or coming from ports located east of Cochin port will be granted a
reduction of 75% of Suez Canal normal tolls.
Crude oil tankers coming
from or heading to ports of Latin America starting from Colombia and its
southern ports and heading to or coming from the Asian ports starting from
Karachi port and its eastern ports will receive a reduction of 75% of Suez
Canal normal tolls.
What is more, SCA decided
that circular no. 03/2016 and its periodical concerning very large crude
carriers (VLCC) that transit the canal after discharging a part of their cargo
in SUMED pipeline on their round trip from the Arabian Gulf — heading to the
American Gulf or the Caribbean zone — will remain in force until the end of
A VLCC coming from the
south is to pay a lump sum of USD 155,000, including charges of tugs, charges
for arrival after limit time and charges for booking in the convoy.
In addition, a VLCC will
pay a lump sum of USD 180,000 on its return ballast trip.