CAIRO : Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday.
The discounts will be applied from May 15 for 90 days on container ships that meet the standards, whether full or empty, Suez Canal Authority said in a statement.
Revenue from the Suez Canal, a key source of foreign currency for Egypt, plunged . . .
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