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Suez Canal Authority – New Periodical for ballast LNG vessels

Tuesday, 03 July 2018 | 12:00

The Suez Canal Authority (SCA) always pay attention to its users best interest, and has recently taken more steps towards being the most competitive compared to other routes.

In response to the desire of owners and operators of LNG tankers and to encourage more LNG tankers to transit the Suez Canal, the SCA has issued Periodical concerning the portion of cargo residues on LNG tankers including amendment of paragraph 4 of item (H), Art. 96 page 185 of SC Rules of Navigation to read as follows:

– The allowed residues of LNG cargo shall not exceed 5% of the vessel’s summer deadweight ton instead of 2% to grant the LNG vessels the privilege of ballast vessels dues rate.

– This periodical took effect on 01/07/2018.

According to this amendment, LNG vessels passing Suez Canal carrying cargo till 5% of its summer deadweight ton will be treated as ballast vessel rather than loaded one saving 15% of Suez Canal tolls.

Source: Suez Canal Authority

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