The Suez Canal Authority has amended the incentives provided to passenger ships and tourist ships (with passengers only) that visit Egyptian ports on the Mediterranean and Red Seas, the privately-owned al-Mal newspaper reported on Friday.
The authority confirmed that a reduction of up to 50 percent of the normal transit fees for both outbound and return trips will be granted to cruise ships carrying passengers only.
This is provided that the period of their stopover in Egyptian ports is not less than 72 hours.
If the period of their stop in Egyptian ports is less than 72 hour with a minimum of 24 hours, the reduction percentage is calculated by multiplying 50 percent by the number of stopping hours in Egyptian ports, divided by 72 (the stopover hours).
The Suez Canal Authority said on Thursday that in the event that the number of hours spent by the ship in the Egyptian ports on the Red Sea is less than half of the total number of hours the ship spent in the Egyptian ports, with a minimum of 12 hours, the reduction percentage is calculated on the basis of double the number of hours the ship spent in the Egyptian ports on the Red Sea.
The reduction is applied to passenger ships and tourist ships without specifying the total tonnage, which in a previous publication amounted to more than 300 tons.