# Suez Canal Authority renews tariff discounts for 2018

> 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.

- Date: 2018-01-03 · published 2018-01-03T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/66886-suez-canal-authority-renews-tariff-discounts-for-2018
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower Suez tolls trim shipping costs on some grain and oilseed routes, marginally improving freight competitiveness for affected trade lanes.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- enterpriseam.com: https://enterpriseam.com/egypt/2018/01/03/suez-canal-authority-renews-tariff-discounts-for-2018/

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