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The Suez Canal Authority extended transit toll discounts for 2018 for container ships, dry bulk carriers and oil tankers. Dry bulk discounts range from 40-75% on specific routes, and US East Coast to Southeast Asia carriers receive 55-65% cuts until June.
Lower Suez tolls trim shipping costs on some grain and oilseed routes, marginally improving freight competitiveness for affected trade lanes.
enterpriseam.comJan 3, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
