The Suez Canal Authority (SCA) has taken decisive action to regain shipping traffic by reducing transit fees. Last week, SCA Chairman Osama Rabie engaged in discussions with key representatives from shipping agencies, who advocated for short-term incentives to encourage vessels to return to the Suez Canal. The move comes as a response to the recent decline in shipping traffic through the crucial trade route. As a global leader in freight forwarding, RW Freight recognises the significance of the Suez Canal in facilitating efficient international trade and logistics. The SCA’s proactive approach to addressing the concerns of shipping companies is expected to have a positive impact on the industry, ultimately benefiting businesses and consumers worldwide.