Speaker
Dr
Maged Abdel Naby
(Alexandria University)
Description
Tolls paid by the vessels passing through the Suez Canal (SC) represent an important source of income for the Egyptian Economy.
The current research makes use of the current boost in the information technology and the timely published international scales and indices for calculating the earnings and the costs a ship incurs during her service to suggest a new toll calculation method. This new method will respond to the volatile maritime transport sector and guarantees an equality of chances for the vessels transiting the canal. The method focuses on calculating the transit tolls on a case by case basis for each vessel.
Bulk Carriers are taken as a case study to calculate the savings and compare them to the tolls enforced by the SC. The study includes historical and recent data for the savings and the tolls already collected. The Energy Efficiency Design Index will be involved in the calculation of the vessel fuel consumption including the wave effect.
Primary author
Dr
Maged Abdel Naby
(Alexandria University)
Co-author
Ms
Mayar Ali
(Alexandria Shipyard)
