CAIRO: Egypt’s Suez Canal Authority said on Thursday it would raise toll fees for all vessels passing through the strategic waterway by 3 percent starting March 2012, saying tariffs had not been changed for the previous three years.
"The Suez Canal Authority has decided the following regarding toll fees in 2012 … firstly raising vessel toll fees in 2012 by 3 percent for all types of ships passing through the canal," it said in a statement, adding that this would be effective from March 2012.
It said the change followed studies about the global economy and trade.
