Why is the Suez Canal so important?

Why is the Suez Canal so important?

The grounding of the 20,000 TEU container vessel the Ever Green in the Suez Canal has emphasised how important container shipping is to global trade. At the time of writing, more than 200 vessels are waiting to pass through the waterway as the Suez Canal Authority works to move the Ever Given. This has raised […]

Calls for scheduling changes as vessels turn their back on Suez Canal

Calls for scheduling overhaul as vessels turn their back on Suez Canal

Tight schedules and an ever-increasing demand for containerised trade could be a contributing factor behind the grounding of an Ultra Large Container Ship in the Suez Canal, as more vessels begin to avoid the waterway all together. Speaking to PTI, Kris Kosmala, Strategic Advisor, Bunker Metric, suggested vessels having to keep to precise port calls […]

Suez Canal blockade could cause European port congestion crisis

Suez Canal blockade could cause European port congestion crisis

The blockade of the Suez Canal could cause a new congestion container port crisis as dozens of vessels wait for the passage to clear after a container ship ran aground in the waterway. According to reports the vessel ran aground and is now blocking one of the narrowest parts of the canal. Lars Jensen, CEO, […]

APMT Unveils Suez Canal Container Terminal Plans

Terminal operator APM Terminals (APMT) has said Port Said, Egypt, and the Suez Canal Container Terminal (SCCT) will regain its position as one of the most competitive trade hubs in the Mediterranean and turn the country into the next Singapore thanks to ‘Egypt Vision 2030.’

Expanding the Suez Canal: Doing the Undoable

Ashraf Ghazy of the Damietta Port Authority underlines the scale and success of the ongoing Suez Canal expansion. Expansion of the Suez Canal (SC), which started in August 2014, to be completed just a year later, has a global standing as one of the world’s great mega-projects. Four years after completion of the scheme, the […]