The Suez Canal’s income from the increase in tariffs will grow by hundreds of millions of dollars

Earlier, he announced that the Suez Canal will increase transit rates for all types of ships passing through the waterway by 15% from January 2023. At the same time, it is stipulated that for dry cargo ships and tourist ships the growth of tariffs will be 10%.

„We expect revenue growth of about $700 million annually after the increase in transit fees,” Rabia said in an interview with CNBC.