News / Suez Canal fee hikes set to add to the pressure on Asia-Europe carriers

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Container shipping lines are set to see another spike in costs next year after the Suez Canal Authority (SCA) announced that it would increase fees on northbound transits by 15%.

The same hikes, which will will take effect on 15 January, also apply to all other types of vessel except ro-ro ships, which will be subject to a 5% increase.

The increases will not apply to eastbound vessels returning to Asia whose last port call was at the Straits of Gibraltar (namely ...