Tag: Suez Canal Authority
-
Egypt’s Suez Canal Authority Increases Yacht Transit Surcharge to 26%
The Suez Canal Authority (SCA) has announced it is increasing the transit surcharge for yachts transiting the Canal to 26 percent, an increase of 12 percent above the normal rate. Periodical 26/2026, which came into effect on July 15th, places yachts and pleasure crafts as “special floating units”. The base tariff, last revised in 2024,…
-
Suez Canal Company for Modern Boats Launches 37-Meter Sportfisher; Egypt’s First Locally-Built Superyacht
Suez Canal for Modern Boats Company, a joint venture between the Suez Canal Authority (SCA) and South Red Sea Shipyard, inaugurated the first nationally built superyacht, a 37-meter Sportfisher. With exterior design by American firm Fry Associates Inc., and interior design by Italian designer Georges Vafiadis, the tourist yacht is part of the partnership’s efforts…
-
Suez Canal Authority Announce Discounts on Transit and Mooring Fees for Yachts Transiting The Red Sea
The Suez Canal Authority (SCA) announced new discounts on transit and mooring fees for yachts traversing the Red Sea for a limited time in a move to boost marine tourism in Egypt. Starting from November 1st SCA’s new navigation circular (No. 4) of 2024 entails a 20% fee reduction for yachts with a gross tonnage…
-
Suez Canal Authority Announce Reduction of Transit Fees
The Suez Canal Authority (SCA) introduced a new 50% reduction of transit fees for any vessel under 300 tons passing the canal. The scheme will run from July 1st – October 1st and aligns with the upcoming Egypt International Boat Show, taking from July 11-14 on Egypt’s north coast at Marassi Bay Marina.
