Egypt is continuing to push up the cost of transiting the Suez Canal as global trade grows.

Suez Canal Authority (SCA) chairman Osama Rabie said on Saturday that prices will be raised by 15% in 2023.

But fees for bulk carriers and cruise ships will only be hiked 10%, Rabie added.

The rises will apply from 1 January.

Leth Agencies said the SCA wants to "apply a balanced and flexible strategy on pricing and marketing that serves its own interest and that of its clients."