Egypt’s Suez Canal extends rebates for LPG carriers until end-2022

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CAIRO: Egypt’s Suez Canal has extended rebates on canal tolls for liquefied petroleum gas carriers from July until the end of the year, the canal authority said in a circular published on its website on Monday, according to Reuters.

LPG tankers operating between the American Gulf and ports west of India, on the Maldives islands and at Kochi will receive a rebate of 20 percent on the canal’s normal tolls.

Tankers operating from ports east of Kochi to Singapore will receive a rebate of 55 percent, and from Singapore ports east will have a rebate of 75 percent.