Suez Canal Authority

Suez Canal offers extra discount to dry bulk vessels

The Suez Canal Authority (SCA) has moved towards additional discounts concerning dry bulk vessels operating between American and Asian ports after thinking of new changes in the global shipping market and the global economy.

Specifically, with this decision SCA aspires to encourage more vessel owners and operators to use the Suez Canal, according to local sources.

In order for the discount to remain in force until late 2019, the rebate will be given to laden/ballast bulkers coming from or heading...

https://safety4sea.com/suez-canal-offers-extra-discount-to-dry-bulk-vessels/

Yard management system accomplishes new levels of efficiency at SCCT

The Navis N4 Expert Decking Module, the system which automates yard planning, has resulted in major efficiencies in yard and quay operations at APM Terminals’ Suez Canal Container Terminal (SCCT). The system is used to automate planning by distributing containers throughout the yard based on predefined rules. Typically yard planning is extremely time-consuming, costly and inaccurate.

The Navis system aims to optimise the storage of containers in the most efficient manner, leaving more time for...

https://safety4sea.com/yard-management-system-accomplishes-new-levels-of-efficiency-at-scct/

Suez Canal’s revenues decrease by 8.8% in November

Egypt’s Suez Canal revenues fell in November, down around 8.8 % from October’s revenues as data showed from the cabinet’s website published on January 15. Although the Suez Canal reached the second highest daily traffic ever recorded on January 2 with 72 vessels with an overall tonnage of 5.1 million tons sailed through the canal, the revenues experienced a decrease.

Mainly, during November 2018, the Suez Canal experienced a decrease of  $461.5 million in comparison to $506.1 million that were...

https://safety4sea.com/suez-canals-revenues-decrease-by-8-8-in-november/

Suez Canal extends toll discounts for crude oil tankers

The Suez Canal Authority (SCA) has decided to extend discounts regarding oil tankers to another year due to the recent developments of the shipping industry and the global economy.

SCA’s decision ultimately aims to encourage more ships to transit the Suez Canal. Suez Canal Authority issued circular no. (1/2018) on 9 January 2018, concerning “Crude Oil” tankers (Laden or Ballast), coming from ports of the US Gulf, Caribbean area and Latin America heading to Asian ports. This circular shall remain...

https://safety4sea.com/suez-canal-extends-toll-discounts-for-crude-oil-tankers/

Suez Canal conducts one of the most challenging passages

On Tuesday, December 25, 6 highly trained and well experienced pilots and 5 large tugs of the Suez Canal Authority (SCA) carried out one of the most difficult transits this year as they navigated a giant floating production storage and offloading (FPSO) unit through the canal.

The vessel’s trip was within the southbound convoy as she was heading from Italy to Dubai, through the new Suez Canal where special navigational aids are provided and the route is clear of severe curves.

Upon directives...

https://safety4sea.com/suez-canal-conducts-one-of-the-most-challenging-passages/

Egypt reduces fees for ships arriving at East Port Said

Container ships and ferries coming from foreign ports to East Port Said will enjoy a discount at tariffs for a period of one year, according to an official statement by the Suez Canal Authority on Thursday.

A 30% discount on port, docking and guiding fees will apply for vessels carrying less than 80,000 tonnes while those carrying more than that will receive a 40% discount, Reuters reported.

Vessels carrying more than 50 containers will be eligible for a discount of up to 60%, but both rates...

https://safety4sea.com/egypt-reduces-fees-for-ships-arriving-at-east-port-said/

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