The Suez Canal Authority (SCA) has announced a 6% increase in its transit fees from February next year.

LNG carriers and cruiseships are the only ship types that will be exempt from the increase, and will continue to pay the 2021 rate.

SCA chairman Osama Rabie said that the increase was determined as part of a "balanced and flexible marketing and pricing strategy, that fulfils the authority and its clients’ interests".