Page 249 - Rules of Navigation2020
P. 249

CHAPTER XIV
                                      PAYMENT OF SUEZ CANAL DUES


                    Art. 105 - Determination of Payment of Suez Canal Dues:


                       (1) The SC dues rates are determined on the basis of SDR units (Special Drawing Rights).
                       (2) Dues which are calculated on this basis are payable in one of the acceptable currencies

                          according to their rates in relation to SDR as declared in the latest bulletin issued by the
                          International Monetary Fund (IMF  )
                       (3) The acceptable currencies for dues payment are:

                             -US Dollar                -Swedish Krona

                             -Euro                         -Danish Krone
                             -Sterling Pound         -Norwegian Krone

                             -Japanese Yen           -Swiss Franc

                             -Canadian Dollar      -Chinese Yuan
                          The chosen currency must be declared in the statistical declaration submitted to the

                          SCA by dues payer.
                       (4) Canal  dues  may  be  paid  in  Egyptian  pounds  when  the  vessel  fulfills  the  following

                          conditions:
                            a)  Vessels under the Egyptian flag.

                            b)  The owner's nationality is Egyptian and not subject to the "Investment" law.
                            c)  If the charterer is Egyptian, in this case chartering agreements must be

                                introduced.
                       (5) Dues must be paid to the SCA through an authorized agent prior to the vessel's transit
                          according to the SCA Regulations , using a bank account.
                                                          (1)
                       (6) Both the principal and the authorized agent that pays the vessel's transit dues shall be
                          deemed jointly responsible for any future settlements regarding such vessel's transit

                          dues or granted rebate amounts (if any).











                    1) Dues of Navy ships can be paid through their embassies in Egypt
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