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A comment on Suez Canal says traffic in channel resumes after stranded ship refloated. Parent comment

Re:Suez Canal says traffic in channel resumes after stranded... by creato on Monday March 29, 2021 @01:25PM (#26625201)
Someone else in one of these canal threads said that Egypt charges slightly less than it would cost to sail around Africa. If that's true, that Egypt is probably capturing around as much value as is possible from the canal.
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Re:Suez Canal says traffic in channel resumes after stranded... by CalChris on Monday March 29, 2021 @02:08PM (#26625868)
Quite a bit less.

https://www.youtube.com/watch?v=0iwOZOb90fM

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Re:Suez Canal says traffic in channel resumes after stranded... by creato on Monday March 29, 2021 @05:53PM (#26628715)
That example was pretty idealized, starting and ending very close to the canal. Most voyages are probably not affected quite as starkly by the canal, and I doubt the canal can or does charge ships based on their overall itinerary.
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Re:Suez Canal says traffic in channel resumes after stranded... by pitaa on Tuesday March 30, 2021 @02:06AM (#26631630)
> I doubt the canal can or does charge ships based on their overall itinerary

You'd be wrong there! They actually have a rebate system[0] based on a number of factors including origin and destination. Basically, they try to make it so that its always cheaper to go through the canal, rather than sail around.

[0] https://www.wilhelmsen.com/ships-agency/suez-canal/suez-cana...

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