Suez Canal Accident

The Panamanian ship Chang Ci, owned by Taiwan’s Evergreen Group, ran aground in the Suez Canal on March 24. The ship, 400 meters long, nearly 60 meters wide and with a volume of 220,000 tons, came to a stop almost completely on its side, cutting off one of the most important shipping lanes between Europe and Asia


According to statistics, in 2020, on average, 50 cargo ships will pass through the Suez Canal every day, accounting for 12% of the global maritime logistics, and it is well deserved as an important maritime logistics hub.


On the other hand, since the second half of last year, the international shipping market has been affected by container shortage, trade recovery and other factors, the shipping capacity has been very tight, shipping prices have been at a high level.The blockage of the Suez Canal would add salt to the wound of the shipping market, further exacerbating the pressure on the supply of containers.


Suez Canal Authority Chairman Osama Rabieh said in a statement April 6 local time, the Suez Canal is now open to traffic conditions.On that day, 84 ships crossed the Suez Canal, with a total net tonnage of 5.3 million tons.


Post time: Apr-12-2021