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Bearish Regulatory

Suez Canal Increases Transit Surcharges for Most Vessel Types

GMK Center, Splash247 · Jul 12, 2026 00:00

The Suez Canal Authority (SCA) implemented higher transit surcharges effective July 15, 2026. Laden crude oil tankers now face a 37% surcharge (up from 25%), LNG and chemical carriers 32% (up from 20%), and dry bulk carriers 22% (up from 10%), significantly increasing shipping costs.