Today news
About the same in other media
Suez Canal to raise transit tolls as cargo trade bounces back
Reading now: 310
The Suez Canal Authority is increasing the fees it charges ships passing through the critical waterway, in a move expected to pile further inflationary pressure on global supply chains.
It will seek to capitalise on the recovery in cargo trade by raising its transit tolls by 6% from February, 11 months after the canal was blocked for nearly a week by the Ever Given container ship. About 12% of international trade passes through the canal, which is the shortest maritime route between Asia and Europe.
The Suez Canal Authority has benefited from the rebound in economies since the first wave of coronavirus lockdowns were lifted. It cited an International Monetary Fund and World Trade Organization forecast that global trade traffic will rise by
Read more on theguardian.comAbout this in other media
Polychain Capital leads Anoma Network’s $26M raise cointelegraph.com /3 years ago
Ethereum Layer-two developer StarkWare valued at $2B following $50M raise cointelegraph.com /3 years ago
Blockchain unicorn ConsenSys valued at $3.2B following $200M raise cointelegraph.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
