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Osama Rabie

Suez Canal Authority increases transit surcharge for crude oil tankers

The amendments will be effective April 1st, SCA wrote, adding that the additional fees are temporary

SCA head refutes claims that upcoming canal fund is vehicle to sell canal to foreigners

Rabie’s comments echo yesterday’s messages from Egyptian House of Representatives Speaker Hanafi Gebaly and the Cabinet

SCA Head expects 15% revenue jump by end of current FY to hit $8B

The SCA announced earlier this year that they will be introducing a 15% fee increase on vessels crossing the canal starting January

Suez Canal to increase revenues to $7.8B by end of 2022 | SCA Head

The Suez Canal has registered record results in terms of ship canal activity and crossing ships compared to the same period last year

Suez Canal recorded $703.4M in revenues during October | SCA Head

Net tonnage was up by 12.6% to 126.5 million tons in October from 112.3 million tons logged in the same period last year