Suez Canal Authority Extends Shipping Discounts Through 2024

The Suez Canal Authority has announced the extension of the circular regarding LNG carriers that operate between ports on the east coast of the Americas, the US Gulf, and Asian Ports. This extension is applicable to LNG carriers navigating through the Suez Canal starting July 1. This will help improve shipping routes between Australia, northwestern Europe, East Americas, Mauritania & Arabian Gulf, India, & Far Eastern regions.