Sunday, March 3, 2013

Do ships have to pay for the use of the Suez Canal, and whom?

As the Suez Canal is owned and operated by Egypt, all
charges are paid to the Egyptian government. And yes, indeed, they do charge you to
travel on their almost 100 mile long canal. How much you ultimately have to pay for the
trip can be a matter of debate, although, in general, one is charged according to the
volume of the craft. It is best for a boat or ship owner to completely familiarize him
or herself with all charges involve in the trip, as bribes and irregularities have been
know to be encountered by the unprepared.



By the
way, the canal may be offering discounts this year because business is reported to be
off: in 2009, the canal brought in 4.28 billion dollars as compared to 5.38 billion
dollars in 2008. The world economic crisis has taken its own toll
:-)

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