The Suez Canal Authority (SCA) has announced an extension of all fixed rebate schemes until June 30, 2026, covering multiple vessel categories including LNG/LPG carriers, crude oil tankers, product tankers, chemical tankers, bulk carriers, and containerships.
This strategic move aims to maintain competitiveness and support global trade flows amid ongoing market volatility and security challenges in alternative routes. Rebate percentages remain unchanged, ensuring cost predictability for operators.
For shipping companies, this extension provides a clear incentive to continue routing through the Suez Canal rather than diverting via the Cape. Details on specific rebate structures by vessel type and route are available in official SCA circulars and of course in Wood Mackenzie’s tools.
