Why the Suez Canal is so important – and why its standstill could be so damaging
3 years, 8 months ago

Why the Suez Canal is so important – and why its standstill could be so damaging

CNN  

CNN — Since it was completed in 1869, the Suez Canal has been one of the world’s most important bodies of water; a portal between East and West that has been controlled by multiple countries, threatened to ignite war, and become a bedrock of the global economy. Today, a ship traveling from a port in Italy to India, for instance, would cover around 4,400 nautical miles if it passed through the Suez Canal – a journey that, at a speed of 20 knots, would take about nine days. Leading shipping insurer Allianz has said ships “face costly and lengthy deviations if the canal is not opened soon.” Diverting vessels via the southern tip of Africa would add roughly two weeks to their journeys. Even before the Ever Given ran aground in the Suez Canal earlier this week, global supply chains were being stretched to the limits, making it much more expensive to move goods around the world and causing shortages of everything from exercise bikes to cheese at a time of unprecedented demand.

Global Europe War World Egypt Ship Sea Suez Canal  global  waterway  war  ship  important  red  suez  canal  damaging  egypt  world  standstill  sea

History of this topic

How the Red Sea crisis could clobber the global economy
11 months, 2 weeks ago

How the Red Sea crisis could clobber the global economy

CNN  

London CNN — Attacks by Iran-backed militants in the Red Sea have effectively closed one of the world’s main trade routes to most container ships — vessels that carry everything from car parts to Crocs from one corner of the globe to another. In a report released Tuesday, the World Bank warned that the disruption to key shipping routes was …

Ships Diverted From Suez Canal Due To Houthi Attacks, Disrupting Global Trade
1 year ago

Ships Diverted From Suez Canal Due To Houthi Attacks, Disrupting Global Trade

ABP News  

Over 100 container ships were rerouted around southern Africa to avoid the Suez Canal as Houthi rebels attacked vessels on the western coast of Yemen, disrupting global trade. According to The Guardian, Kuehne and Nagel, a shipping company, identified 103 ships that had changed their routes, with more expected to go around South Africa's Cape of Good Hope. Around 19,000 …

That’s Two for Two: The World’s Other Big Canal Is in Trouble
1 year ago

That’s Two for Two: The World’s Other Big Canal Is in Trouble

Live Mint  

Global trade is under threat again. Tanker and liquid petroleum gas shippers look best placed since capacity utilization is tight and trouble at another major canal—the one in Panama—has already given them a huge boost in bargaining power. Jefferies estimates container fleet utilization could surge from 77% to 88% and oil product tanker capacity could become entirely booked up—it is …

In India’s Multi-Alignment Push, Egypt is a Partner of Great Value - News18
1 year, 11 months ago

In India’s Multi-Alignment Push, Egypt is a Partner of Great Value - News18

News 18  

Of late, India’s choice of the guest at the Republic Day function has also become a significant reflection of its foreign policy priorities. This time after a gap of two years due to the Covid-19 pandemic, India is all set to host the President of Egypt, Abdel Fattah el-Sisi, for its annual Republic Day parade. Egypt has revived its Suez …

Suez Canal Traffic Back to 'Normal' After Stuck Vessel Refloated
1 year, 11 months ago

Suez Canal Traffic Back to 'Normal' After Stuck Vessel Refloated

News 18  

Suez Canal maritime traffic was “normal” Monday after a Norwegian-owned cargo vessel ran aground but was then refloated and towed away, said the Egyptian authority running the vital waterway. Tugboats “have begun towing the ship” which had suffered “a sudden technical failure” and was now being safely towed away for repairs, said Suez Canal Authority chief Osama Rabie. Fears of …

Cash-strapped Egypt hikes Suez Canal transit fees for ships
2 years, 9 months ago

Cash-strapped Egypt hikes Suez Canal transit fees for ships

The Hindu  

Cash-strapped Egypt increased transit fees Tuesday for ships passing through the Suez Canal, one of the world’s most crucial waterways, with hikes of up to 10%, officials said. The Suez Canal Authority said on its website the increases were “in line with the significant growth in global trade" and cited the canal’s “development and enhancement of the transit service.” According …

Suez Canal Turns 152: A Timeline of the Evergiven Getting Stuck
3 years, 1 month ago

Suez Canal Turns 152: A Timeline of the Evergiven Getting Stuck

News 18  

The Suez Canal was officially inaugurated on this day in 1869. While the canal was opened in 1869, it came back on world news in March 2021, after a container ship, named ‘Ever Given’ got stuck in it for almost a week. From getting stuck to finally getting free, here’s a timeline of the Ever Given crisis: March 23: Ever …

Ship which blocked Suez Canal is going back through world’s most famous waterway
3 years, 4 months ago

Ship which blocked Suez Canal is going back through world’s most famous waterway

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world will watch anxiously …

Egypt plans Suez Canal expansion after vessel was grounded
3 years, 7 months ago

Egypt plans Suez Canal expansion after vessel was grounded

Associated Press  

CAIRO — Egypt on Tuesday announced plans to widen and deepen the southern part of the Suez Canal where a hulking vessel ran aground and closed off the crucial waterway in March. The head of the Suez Canal Authority, Lt. Gen. Osama Rabie, announced details of the plan in a televised ceremony in the canal’s city of Ismailia. The plan …

Last of 400 stranded ships pass through Suez Canal as compensation case looms
3 years, 8 months ago

Last of 400 stranded ships pass through Suez Canal as compensation case looms

ABC  

The last of 400 ships blocked at Egypt's Suez Canal have now passed through the waterway, the Suez Canal Authority said. Key points: 422 ships with a total net load of 26 million tonnes had passed through the canal since it's reopening The Egyptian government said the vessel will not be released until compensation is settled Insiders said this could …

Suez Canal shipping backlog cleared
3 years, 8 months ago

Suez Canal shipping backlog cleared

Al Jazeera  

Chairman of the Suez Canal Authority said 85 ships expected to pass the canal from both sides on Saturday. Suez Canal Authority has said that all 422 ships stranded by the grounding of the giant container ship Ever Given passed through the canal by Saturday, ending the backlog caused by the blockage Osama Rabie, chairman of the SCA, said 85 …

Traffic Jam Eases Further in Suez Canal After Ship Unblocked
3 years, 8 months ago

Traffic Jam Eases Further in Suez Canal After Ship Unblocked

News 18  

The traffic congestion caused by a cargo ship that blocked the Suez Canal for nearly a week continued to ease on Friday, with the number of ships waiting to transit falling to 206, canal services firm Leth Agencies said, from over 300 three days ago. On Monday, salvage teams freed the skyscraper-sized container ship, ending a crisis that had clogged …

NASA shares nighttime images of traffic jam in Suez canal
3 years, 8 months ago

NASA shares nighttime images of traffic jam in Suez canal

Live Mint  

US space agency NASA has shared nighttime images of the traffic jam caused in one of the busiest sea routes of the world. Meanwhile, on March 27, the Operational Land Imager on Landsat 8 acquired an image of the many ships waiting ships in the Gulf of Suez, the northwestern arm of the Red Sea. The series of nighttime images, …

Investigation begins into how Ever Given was stranded
3 years, 8 months ago

Investigation begins into how Ever Given was stranded

The Independent  

✕ Close How did a ship get stuck in the Suez Canal? For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates …

Suez Canal: Ever Given ship set free, authorities say
3 years, 8 months ago

Suez Canal: Ever Given ship set free, authorities say

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Ever Given’s grounding may cause problems for “several …

Suez Canal: Everything we know about the Ever Given ship
3 years, 8 months ago

Suez Canal: Everything we know about the Ever Given ship

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The massive container ship blocking …

Probe underway, day after cargo ship 'Ever Given' freed in Suez Canal
3 years, 8 months ago

Probe underway, day after cargo ship 'Ever Given' freed in Suez Canal

The Hindu  

Experts on Tuesday boarded a colossal container ship that had been stuck sideways for nearly a week in the Suez Canal before it was dislodged as questions swirled about the grounding that had shaken the global shipping industry and clogged one of the world's most vital waterways. The Ever Given was safely anchored Tuesday in the Great Bitter Lake, a …

Probe underway, day after cargo ship freed in Suez Canal
3 years, 8 months ago

Probe underway, day after cargo ship freed in Suez Canal

Hindustan Times  

Experts on Tuesday boarded a colossal container ship that had been stuck for nearly a week in the Suez Canal before it was freed as questions swirled about the grounding that had shaken the global shipping industry and clogged one of the world's most vital waterways. The crisis over the Ever Given had cast a spotlight on the vital trade …

Investigation under way into Suez Canal blockage
3 years, 8 months ago

Investigation under way into Suez Canal blockage

Al Jazeera  

Experts have boarded the container ship Ever Given, which was dislodged on Monday six days after it got stuck in the Suez Canal, seeking to investigate what caused the grounding that shook the global shipping industry. Suez Canal service provider Leth Agencies said that more than three dozen vessels that waited for the Ever Given to be freed had already …

Suez Canal blockage cleared as cargo ship Ever Given fully floated, but traffic jam will take days to clear
3 years, 8 months ago

Suez Canal blockage cleared as cargo ship Ever Given fully floated, but traffic jam will take days to clear

ABC  

The giant container ship that blocked Egypt's Suez Canal for almost a week has been fully floated and traffic in the waterway has resumed, the canal authority said in a statement. Key points: A flotilla of tugboats helped free Ever Given from the canal's sandy bank The cargo ship has been blocking the busy trade route since last Tuesday It …

Explained: How much did Suez Canal blockage cost world trade
3 years, 8 months ago

Explained: How much did Suez Canal blockage cost world trade

India Today  

The 400-metre long container vessel, MV Ever Given, was finally freed six days after it completely blocked Egypt’s Suez Canal. While normal traffic has now resumed of the narrow Suez Canal passage, the ship blockage since last Tuesday resulted in massive economic loss — hundreds of ships ferrying cargo worth billions were either stuck in traffic or forced to reroute, …

Ship stuck in Suez Canal ‘partially refloated’; efforts on to dislodge bow, claims report
3 years, 8 months ago

Ship stuck in Suez Canal ‘partially refloated’; efforts on to dislodge bow, claims report

Firstpost  

Suez: Engineers on Monday “partially refloated” the colossal container ship that remains wedged across the Suez Canal, a canal services firm said, without providing further details about when the vessel would be set free. However, it was clear that challenges remained, as satellite data from MarineTraffic.com showed the ship in the same position, surrounded by a squadron of tugs with …

Traffic in Suez Canal resumes after stranded ship refloated
3 years, 8 months ago

Traffic in Suez Canal resumes after stranded ship refloated

Al Jazeera  

Helped by the peak of high tide, a flotilla of tugboats wrenched the bulbous bow of the skyscraper-sized Ever Given from the canal’s sandy bank. “Admiral Osama Rabie, the Chairman of the Suez Canal Authority, announces the resumption of maritime traffic in the Suez Canal after the Authority successfully rescues and floats the giant Panamanian container ship EVER GIVEN,” a …

'She's free': Giant ship blocking Suez Canal refloated, shipping traffic resumes
3 years, 8 months ago

'She's free': Giant ship blocking Suez Canal refloated, shipping traffic resumes

India Today  

Shipping traffic through Egypt’s Suez Canal has resumed after a giant container ship which had been blocking the busy waterway for almost a week was refloated, the canal authority said. “Admiral Osama Rabie, the Chairman of the Suez Canal Authority, announces the resumption of maritime traffic in the Suez Canal after the Authority successfully rescues and floats the giant Panamanian …

Suez Canal blockage costing millions daily, further complicated by rocks under the ship's bow
3 years, 8 months ago

Suez Canal blockage costing millions daily, further complicated by rocks under the ship's bow

ABC  

Two additional tugboats have been deployed to Egypt's Suez Canal to aid efforts to free a skyscraper-sized container ship wedged for days across the crucial waterway, even as major shippers increasingly divert their boats out of fear the vessel may take even longer to free. Key points: The Suez Canal accounts for around 15 per cent of global shipping traffic …

Florida Boat Gets Stuck in Middle of Highway. Suez Canal Ghost, is That You?
3 years, 8 months ago

Florida Boat Gets Stuck in Middle of Highway. Suez Canal Ghost, is That You?

News 18  

The Suez Canal has been in news after a ship got stuck there leading to a massive blockage impacting global trade. While it wasn’t as huge as the container ship stuck in Suez canal, this pink boat too blocked the road in a similar pattern. The Suez Canal Authority said on Sunday that tugging and dredging operations to free a …

Suez update: Canal workers dredge to 18 Meters, 350 ships wait, Joe Biden offers to help Egypt
3 years, 8 months ago

Suez update: Canal workers dredge to 18 Meters, 350 ships wait, Joe Biden offers to help Egypt

Hindustan Times  

A new attempt could be made Sunday to re-float the 400-meter-long container ship blocking the Suez Canal. The Suez Canal Authority’s chief declined to set a timetable for re-floating the ship and said the task remains “difficult.” The pile-up of ships is creating another problem for global supply chains already strained by the coronavirus pandemic. Highlights: Two more tugs will …

2 tugboats speed to Egypt's Suez Canal as shippers avoid it
3 years, 8 months ago

2 tugboats speed to Egypt's Suez Canal as shippers avoid it

Deccan Chronicle  

SUEZ: Two additional tugboats sped Sunday to Egypt’s Suez Canal to aid efforts to free a skyscraper-sized container ship wedged for days across the crucial waterway, even as major shippers increasingly divert their boats out of fear the vessel may take even longer to free. “It will determine the next step, which highly likely involves at least the partial offloading …

What it’s really like steering the world’s biggest ships
3 years, 8 months ago

What it’s really like steering the world’s biggest ships

CNN  

CNN — The emergency stop is a familiar maneuver for most motorists. Children celebrate after the Ever Given container ship was freed in the Suez Canal on Monday, March 29. “When the wheel is turned it gives electronic signals to the rudder which turns as per the command given.” When navigating the Suez, ships travel in convoy and must sail …

Ever Given ship stuck in Suez Canal has moved, but it's still unclear when it will be freed
3 years, 8 months ago

Ever Given ship stuck in Suez Canal has moved, but it's still unclear when it will be freed

ABC  

Efforts to dislodge a giant container ship blocking the Suez Canal progressed overnight, with its stern and rudder moving, but it remained unclear when the Ever Given could be refloated, the head of the canal authority said. Key points: Boskalis and Smit Salvage warned that using too much force to tug the ship could damage it The SCA said 321 …

Ship Blocking Suez Canal Has Moved but Unclear When it Will be Freed: Official
3 years, 8 months ago

Ship Blocking Suez Canal Has Moved but Unclear When it Will be Freed: Official

News 18  

The head of the Suez Canal Authority said on Saturday that efforts to dislodge a huge container ship blocking the canal had allowed its stern and rudder to move but he could not predict when it would be refloated. The giant container ship remained stuck sideways in Egypts Suez Canal for a fifth day Saturday, as authorities prepared to make …

Suez Canal blockage: How to take huge containers off the ship
3 years, 8 months ago

Suez Canal blockage: How to take huge containers off the ship

Live Mint  

With every passing day it’s getting more likely that thousands of 40-foot boxes on board the ship blocking the Suez Canal may have to be hauled off. “We will start taking containers from the ship anyway this weekend.” History shows that lightening the Ever Given might ultimately be what frees it. “It just takes a lot of time and energy,” …

New attempts planned to free huge vessel stuck in Suez Canal
3 years, 8 months ago

New attempts planned to free huge vessel stuck in Suez Canal

India Today  

A giant container ship remained stuck sideways in Egypt's Suez Canal for a fifth day Saturday, as authorities prepared to make new attempts to free the vessel and reopen a crucial east-west waterway for global shipping. An official at the Suez Canal Authority said the authority planned to make at least two attempts Saturday to free the vessel when the …

Ship blocks Suez Canal: Waterway carries 10% of all global trade, quick resolution key to avoid economic fallout
3 years, 8 months ago

Ship blocks Suez Canal: Waterway carries 10% of all global trade, quick resolution key to avoid economic fallout

Firstpost  

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly US $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout. The iconic shipping journal Lloyd’s List estimates that goods worth US $9.6 billion pass through the canal every day. Mark Zandi, chief economist at …

New attempt to re-float ship blocking Suez Canal fails
3 years, 8 months ago

New attempt to re-float ship blocking Suez Canal fails

Al Jazeera  

Bernhard Schulte Ship management says two additional tugs will arrive on March 28 to help with the rescue. 26 Mar 2021 - 16:55 GMT Oil jumps 4 percent on fears Suez Canal blockage may last weeks Oil prices rose more than 4 percent on Friday, rebounding on concerns it could take weeks to dislodge a giant container ship blocking the …

How A Long Shutdown Of The Suez Canal Might Have Roiled The Global Economy
3 years, 8 months ago

How A Long Shutdown Of The Suez Canal Might Have Roiled The Global Economy

NPR  

How A Long Shutdown Of The Suez Canal Might Have Roiled The Global Economy Enlarge this image toggle caption ScapeWare3d/DigitalGlobe/Getty Images ScapeWare3d/DigitalGlobe/Getty Images Before the grounding of the massive Ever Given container ship in the Suez Canal, some 50 vessels a day, or about 10% of global trade, sailed through the waterway each day — everything from consumer electronics to …

Why a Canal Built in 1869 Is More Important Than Ever
3 years, 8 months ago

Why a Canal Built in 1869 Is More Important Than Ever

Bloomberg  

The Suez Canal, which cuts through Egypt to connect the Mediterranean and Red seas, is so important to world trade that world powers have fought over it since it was completed in 1869. That strategic shipping lane was completely blocked on March 23, when the heavily laden cargo ship Ever Given, longer than the Eiffel Tower is tall, went askew …

Dredgers try to free ship in Suez Canal, scene of plenty of past international drama
3 years, 8 months ago

Dredgers try to free ship in Suez Canal, scene of plenty of past international drama

LA Times  

With the global supply chain in jeopardy, powerful tugboats and dredgers worked desperately Friday to free the giant cargo ship blocking the Suez Canal in a race against mounting economic losses. The pasta diplomacy served De Lesseps well more than 20 years later, when Said Pasha became viceroy and the now-retired diplomat asked for and received the exclusive concession to …

Suez Canal temporarily halts navigation
3 years, 8 months ago

Suez Canal temporarily halts navigation

The Hindu  

The owners of a giant container vessel blocking the Suez Canal said on Thursday that they were facing “extreme difficulty” refloating it, prompting Egypt to suspend navigation through one of the world’s busiest shipping lanes. Japanese ship-leasing firm Shoei Kisen Kaisha said it owned the giant vessel and was facing “extreme difficulty” trying to refloat it. “In co-operation with local …

Stuck ship in Egypt’s Suez Canal imperils shipping worldwide
3 years, 9 months ago

Stuck ship in Egypt’s Suez Canal imperils shipping worldwide

India TV News  

A skyscraper-sized cargo ship wedged across Egypt’s Suez Canal further imperiled global shipping Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear, authorities said. The ship had two pilots from Egypt’s canal authority aboard the vessel to guide it when the grounding happened around 7:45 a.m. Tuesday, the …

Ship Weighing 200,000-Ton Blocks Suez Canal Causing Disruptions and Losses. Here's All You Need to Know
3 years, 9 months ago

Ship Weighing 200,000-Ton Blocks Suez Canal Causing Disruptions and Losses. Here's All You Need to Know

News 18  

A skyscraper-sized cargo ship wedged across Egypt’s Suez Canal further imperiled global shipping Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear, authorities said. Attempts to clear the way using tugs and diggers failed to dislodge the massive container ship stuck in the Suez Canal. The Ever Given, …

The Cargo Ship Blocking the Suez Canal Drew a Huge Phallus Before Getting Stuck
3 years, 9 months ago

The Cargo Ship Blocking the Suez Canal Drew a Huge Phallus Before Getting Stuck

News 18  

The massive cargo container ship that was headed towards the Mediterranean and caused an actual traffic jam on one of the busiest sea trade links, the Suez Canal after it ran aground sideways may have contained some really, really bad luck. Egypt has reportedly reopened the canal’s older channel to allow the other vessels to pass through as the refloating …

Authorities need to remove up to 706,000 cubic feet of sand to free the Ever Given
3 years, 9 months ago

Authorities need to remove up to 706,000 cubic feet of sand to free the Ever Given

CNN  

CNN — Rescue teams working to dislodge the giant container ship blocking the Suez Canal have failed in another bid to free the boat, according to the vessel’s technical manager. “The aim is to re-float the container by Saturday night local time,” Toshiaki Fujiwara, the company’s senior managing director, told CNN on Friday. “But the first impression is also that …

Opinion: Suez Canal traffic jam blocks the world’s jugular vein
3 years, 9 months ago

Opinion: Suez Canal traffic jam blocks the world’s jugular vein

CNN  

Editor’s Note: Salvatore R. Mercogliano, Ph.D., is an associate professor of history at Campbell University, a former merchant mariner and contributor to gCaptain maritime. A 59-meter--wide container ship called the Ever Given rammed into the eastern bank of the 120-mile-long Suez Canal. As Ever Given remains firmly across the canal, shipping companies will have to fathom the option of sending …

Experts say clearing Suez Canal may even take weeks; Japanese shipowner apologises for incident
3 years, 9 months ago

Experts say clearing Suez Canal may even take weeks; Japanese shipowner apologises for incident

India Today  

The Suez Canal temporarily suspended traffic on Thursday as efforts to dislodge a 400 metre long container vessel that has blocked the waterway continued for a third day, with eight tugs working to straighten the ship. The Ever Given vessel, almost as long as the Empire State Building is high, ran aground diagonally across the single-lane stretch of the southern …

Satellite images show traffic jam at Suez Canal after ship turns sideways
3 years, 9 months ago

Satellite images show traffic jam at Suez Canal after ship turns sideways

India Today  

The Suez Canal, one of the world's most important artificial waterways, remained blocked on Thursday after a container ship wedged on Tuesday. Satellite image shows grounded vessel in the Suez Canal. "The Suez Canal will not spare any efforts to ensure the restoration of navigation and to serve the movement of global trade," the Associated Press quoted Lt. Gen. Ossama …

Cargo ship stuck in Egypt’s Suez Canal affects shipping worldwide
3 years, 9 months ago

Cargo ship stuck in Egypt’s Suez Canal affects shipping worldwide

Al Jazeera  

Efforts to free the ship using dredgers have yet to push the container vessel free, affecting billions of dollars worth of cargo. The Panama-flagged Ever Given ran aground diagonally across the single-lane stretch of the southern canal on Tuesday morning after losing the ability to steer amid high winds and a dust storm, the Suez Canal Authority said in a …

Entire crew of Ever Given, container ship blocking Suez Canal, is Indian; all safe
3 years, 9 months ago

Entire crew of Ever Given, container ship blocking Suez Canal, is Indian; all safe

India Today  

The entire crew of Ever Given, the container ship that is stuck in the Suez Canal since Tuesday blocking traffic in one of the world's busiest waterways, is Indian and is safe, said the company managing the container. In a report, news agency The Associated Press said Bernhard Schulte Shipmanagement, the company that manages the Ever Given, said the ship's …

Suez Canal navigation temporarily suspended as efforts continue to refloat stuck container ship
3 years, 9 months ago

Suez Canal navigation temporarily suspended as efforts continue to refloat stuck container ship

India Today  

Egypt’s Suez Canal Authority on Thursday said that it is “temporarily suspending navigation” through one of the world’s busiest waterway until the grounded container vessel MV Ever Given is refloated. SEE | Satellite images show traffic jam at Suez Canal after ship turns sideways OVERWHELMING TASK Authorities are facing difficulties in refloating the ship due to its massive size. Earlier …

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