Cairo: Egypt’s Suez Canal toll hikes, which raise prices between 2-5%, have been implemented as of today, renewing concerns that shipowners will re-route ships around the Cape of Good Hope rather than pay the fees.
Egypt: Despite toll hikes and regional unrest, the Suez Canal is still a better option than the Cape of Good Hope, Typhon ceo Ant Sharp has claimed.
Tel Aviv : In response to the G6 alliance route restructuring, Zim has announced its intention to create a new joint service with the group.
Singapore: The Asian Shipowners’ Forum (ASF) is the latest shipping organisation to hit out a planned hike in Suez Canal tolls from 1 May.