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Suez Canal Tolls Increase

 

 

Toll increases for ships transiting the Suez Canal took effect on May 1, 2013.

Container ships got off relatively easy, with increases of about 2 percent, Middle East Monitor reports. Oil tankers and other bulk vessels incurred the greatest hikes, at around 5 percent.

In the first quarter of 2013, 1,479 container ships passed through the canal, down 6.7 percent from 1,585 in the same quarter a year ago.

The Journal of Commerce

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