Container Shipping Lines Brace For Impact Amidst Imminent Fee Hikes

Capt. John
  • Container shipping lines are set to see another spike in costs next year.
  • Suez Canal Authority (SCA) announced that it would increase fees on northbound transits by 15%.
  • The increases will not apply to eastbound vessels returning to Asia whose last port call was at the Straits of Gibraltar.

The same hikes, which will take effect on 15 January, also apply to all other types of vessel except ro-ro ships, which will be subject to a 5% increase, sources Loadstar.

Hefty Cost Increases

However,...

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