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Suez Canal increasing tolls May 1

Increases amount to 5 percent on tankers and 2 percent for containerships and car carriers, and 3 percent for other types of ships. Tolls vary based on type of vessel transiting, how large it is, and whether it’s laden.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.