The Suez Canal Authority has announced the renewal of and amendments to tankers fixed rebates for 2024, extending the validity until 30 June 2024 for crude oil tankers, petroleum product tankers, chemical tanker and other liquid bulk tankers.
The respective amended Circulars are:
Periodical of Circular No. (1/2018) dated 13 December 2023
Concerning oil tankers (ballast or laden with crude oil), shall remain in force after being amended as follows:
- First: Amending “Article One” of the circular to read the “Rebate Percentages” and “Ports Ranges” as follows:
1. Oil tankers (ballast or laden with crude oil) operating between the US Gulf ports (starting from Miami port and its western ports within the US Gulf) and the Caribbean area (ports located North of San Andres Island- Latitude 12 deg. 34' 40'' N) on one side and the following areas at Asia on the other side, shall be granted rebates as follows:
a) Arabian Gulf (ports within the Arabian Gulf starting from Sur port, Oman) and its eastern ports until before Karachi, Pakistan, shall be granted a rebate of 25% of Suez Canal normal tolls.
b) Ports west of the Indian subcontinent (starting from Karachi, Pakistan, until Cochin at the west of India) shall be granted a rebate of 35% of Suez Canal normal tolls.
c) Ports located East of Cochin port, shall be granted a rebate of 75% of Suez Canal normal tolls.
2. Oil tankers (ballast or laden with crude oil) operating between Latin America ports starting from Colombia (San Andres Island- Latitude 12 deg. 34' 40'' N) and its southern ports on one side and Asian ports (starting from Karachi, Pakistan and its eastern ports) on the other side, shall be granted a rebate of 75% of Suez Canal normal tolls.
- Second: “Article Two” of the circular shall remain in force.
- Third: This periodical applies to oil tankers (ballast or laden with crude oil) sailing from the “Port of Origin” starting from 1 January 2024 until the 30 June 2024 (the last permissible sailing date from origin port is 30 June 2024).
Periodical of Circular (2/2023) dated 13-12-2023
Concerning laden petroleum products tankers (transit dues rate 2L), shall remain in force after being amended as follows:
- First: Amending “Article One” of the circular to read the “Rebate Percentages” and “Ports Ranges” as follows:
1. Laden petroleum products” tankers (transit dues rate 2L) operating between the US Gulf ports (starting from Miami port and its western ports within the US Gulf) and the Caribbean area (ports located North of San Andres Island- Latitude 12 deg. 34' 40''N) on one side and the following areas in Asia on the other side, shall be granted rebates as follows:
a) Ports west of the Indian subcontinent (starting from Karachi, Pakistan, until Cochin at the west of India), shall be granted a rebate of 30% of Suez Canal normal tolls.
b) Ports located east of Cochin port until before Port Klang, shall be granted a rebate of 65% of Suez Canal normal tolls.
c) Port Klang and its eastern ports, shall be granted a rebate of 75% of Suez Canal normal tolls.
2. Laden petroleum products” tankers (transit dues rate 2L) operating between Latin America ports starting from Colombia (San Andres Island- Latitude 12 deg. 34' 40'' N) and its southern ports on one side and Asian ports (starting from Karachi, Pakistan, and its eastern ports) on the other side, shall be granted a rebate of 75% of Suez Canal normal tolls.
- Second: “Article Two” of the circular shall remain in force.
- Third: This periodical applies to laden petroleum products tankers (transit dues rate 2L) sailing from the “Port of Origin” starting from 1 January 2024 until 30 June 2024 (the last permissible sailing date from origin port is 30 June 2024).
Periodical of Circular (3/2023)
Concerning chemical & other liquid bulk tankers [laden (transit dues rate 6L) \ ballast (transit dues rate 6B)], shall remain in force after amending the circular as follows:
- First: Amending article one of circular (3/2023) to read the “Rebate Percentages” as follows:
1. Chemical & other liquid bulk tankers [laden (transit dues rate 6L)\ ballast (transit dues rate 6B)] operating between the American Gulf ( starting from Miami port and its western ports within the American Gulf, also ports located south of the American Gulf) on one side and the below areas at India and its eastern ports on the other side; shall be granted the following rebate percentages:
a) Ports west of the Indian subcontinent (starting from Karachi, Pakistan, until Cochin at the west of India ), shall be granted a rebate of 25% of Suez Canal normal tolls.
b) Ports located East of Cochin port until before Port Klang, shall be granted a rebate of 55% of Suez Canal normal tolls.
c) Port Klang and its eastern ports, shall be granted a rebate of 75% of Suez Canal normal tolls.
2. Chemical & other liquid bulk tankers [laden (transit dues rate 6L)\ ballast (transit dues rate 6B)] operating between ports at the East Coast of North America (ports located north of Miami port) on one side and the below areas at India and its eastern ports on the other side; shall be granted the following rebate percentages:
a) Ports located east of Cochin port until before Port Klang, shall be granted a rebate of 25% of Suez Canal normal tolls.
b) Port Klang and its eastern ports, shall be granted a rebate of 35% of Suez Canal normal tolls.
- Second: “Article Two” of the circular shall remain in force. This article contains renewal for an earlier article: Article Two: - Circular No. (3/2023).
- Third:
This periodical is applicable to tankers sailing from “Origin port” from 1 January 2024 until 30 June 2024 (the last permissible sailing date from “Origin port” is 30 June 2024 ).
For further details, as well as information about operations in the Suez Canal, contact GAC Egypt at [email protected]
