*Egypt’s Suez Canal smashed transit records for April, with 1,929 vessels passing through the canal, net tonnage of 114.5mn and toll revenue of $629mn all the highest ever. The latter topped the previous record of $601mn set just a month earlier.
*Egypt hiked transit fees for crude and LNG tankers from 1 March (MEES, 4 March). With fees for several classes of vessel having risen further from 1 May (MEES, 25 March), the coming months are set for more revenue records. (CONTINUED - 201 WORDS)
