China hits out at Hutchison plan to sell Panama port holdings to MSC
China has slammed CK Hutchison’s plans to sell some 80% of its port holdings to ...
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By Mike Wackett
The Suez Canal Authority (SCA) has announced it will increase toll fees for the waterway by between 2% and 2.6% on 1 May. The move follows hikes of 3-5% in 2013 and 3% in 2012, but this time it appears not to have ruffled the feathers of customers.
It is the custom of the SCA not to consult or negotiate with the shipping industry on toll fee increases, and last year’s rise brought a storm of protest, not least from International ...
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