The Suez Canal Authority has announced adjustments to the additional fees imposed on crude oil tankers transiting the canal, which will come into effect starting mid-July 2026. These adjustments are made within the Authority's continuous monitoring of maritime transport market variables
and global trade movement, coinciding with a noticeable recovery in navigation through the canal. Crude oil tankers led the transit trade during the first quarter of the current year. Under the latest amendment, the Authority raised the additional fees imposed on
loaded crude oil tankers listed in the transit fee schedule, increasing them from 25% applied since April 2023, to a new rate of 37% of the ordinary transit fees, according to a navigational circular issued by the Authority. The adjustment also
included additional fees imposed on empty crude oil tankers, which have been raised to 27% of the ordinary transit fees, compared to 15% previously. These decisions are scheduled to come into force on July 15, 2026. The Suez Canal Authority stated
in the same circular that these additional fees are temporary in nature, noting the possibility of their modification or cancellation in the future based on changes that may occur in the maritime transport market and global navigation indicators.
