The Leading Ship, Yacht and Offshore Agency in Egypt Since 1983

The Leading Ship, Yacht and Offshore Agency in Egypt Since 1983

KADMAR Circular No. 4/2026 – Acceptance of Chinese Yuan for Suez Canal Transit Tolls

KADMAR Circular No. 4/2026 – Acceptance of Chinese Yuan for Suez Canal Transit Tolls

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The Suez Canal Authority (SCA) decided to adopt the Chinese Yuan among the acceptable currencies for the payment of Suez Canal transit tolls.

This decision follows the International Monetary Fund’s (IMF) inclusion of the Yuan on it’s Special Drawing Rights (SDR) basket, aiming to facilitate smoother trade with China.

Pls be guided accy.

Best Regards

KADMAR Shipping

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