As an encouragement for “Dry Bulk Vessels” to transit the Suez Canal; the Suez Canal Authority had decided the following:
Dry Bulk Vessels (laden / ballast) (whether “Dry Bulk Vessels” (3L/3B) or Other Vessels (13L) transit dues tariff is applied) operating between Egyptian ports on the “Red Sea” on one side and ports at South-West Africa on the other side; shall be granted the following rebate percentages:
- Ports at (Ghana – Togo – Benin – Nigeria), shall be granted a rebate of 20% of Suez Canal normal tolls.
- Ports at “Cameroon” and its Southern ports, shall be granted a rebate of 45% of Suez Canal normal tolls.
Conditions of applying the Circular:
1) Any operating company wishing to benefit from this circular must submit a request through its shipping agency before sailing from port of origin. The request must state: vessel’s particulars, origin port & sailing date, destination port, ETA to Suez Canal, vessel’s condition (laden\ballast) and the type & quantity of cargo.
(through the fixed rebates circulars electronic service)
2) The vessel must not call any intermediate ports during its voyage between “Origin port” and “Destination port” for commercial purposes. In case the vessel called any intermediate ports for non-commercial purposes a certificate issued by the port authority or other competent authorities will be required stating the reason for calling.
3) Full “normal Suez Canal transit tolls” to be paid upon transit and the rebate amount will be refunded after submitting all the required documents within one calendar year; which starts the following day of transit). (Where all the required documents related to the “rebate case” must be submitted as one package)
4)Required documents to refund the rebate amount:
- “Origin port” certificate from the last port that the vessel sailed from; stating the departure date, the quantity of cargo in metric tons, and type of cargo upon departure and the reason for calling the port, and the vessel’s status upon departure which must be duly signed & stamped by the port authority or other competent authorities.
- “Destination port” certificate from the first port of arrival; stating the arrival date, the quantity of cargo in metric tons and the type of cargo upon arrival and the reason for calling the port, and the vessel’s status upon arrival which must be duly signed and stamped by the port authority or other competent authorities.
- “Principals Claim” requesting to refund the rebate amount stating the circular number, vessel’s particulars, port of origin and sailing date, destination port and arrival date, Suez Canal transit date, claimed rebate percentage and a clear disclaimer that the vessel had not called any intermediate ports for commercial purposes.
- Failing to submit all the required documents in due time or calling any intermediate ports for commercial purposes or breaching any of the pre-set circular conditions will lead to the cancellation of the rebate previously granted to the vessel as per this circular
5) Failing to submit all the required documents in due time or calling any intermediate ports for commercial purposes or breaching any of the pre-set circular conditions will lead to the cancellation of the rebate previously granted to the vessel as per this circular.
This circular is applicable to vessels sailing from “Origin Port” from 1 November 2023 until 30 June 2024 (the last permissible sailing date from “Origin port” is 30 June 2024).
Contact our transit team specialists for assistance with your claim.