Egypt’s GASC sets new wheat terms after dispute over fees

Egypt has set new tender terms intended to calm wary suppliers, some of which shunned recent state tenders after a surge in costs faced by suppliers if they fail to unload their ships on time. Suppliers have complained in recent months of a spike in these demurrage fees. They say the higher fees resulted from congestion at Egypt’s ports since last summer and what they describe as a tedious inspection process that has stalled their vessels.