# Suez Canal Extends Toll Cuts for Bulkers | World Maritime News

> The Suez Canal Authority extended toll discounts for dry bulk vessels trading between North America and Asia through the end of 2019. Discounts range from 20% to 75% depending on origin and destination, with the largest cuts for US Gulf and Latin American routes.

- Date: 2019-02-15 · published 2019-02-15T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/60493-suez-canal-extends-toll-cuts-for-bulkers-world-maritime-news
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower canal tolls reduce delivered freight costs for US Gulf and East Coast grain shipments to Asia, which can support US export competitiveness against Black Sea and South American origins.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- worldmaritimenews.com: https://worldmaritimenews.com/archives/271470/suez-canal-extends-toll-cuts-for-bulkers/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.