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Tuesday 30 March 2021

Traffic in Suez Canal Resumes

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  4 forum posts

DOHA (Al Jazeera) — Shipping traffic through Egypt’s Suez Canal resumed on Monday after a giant container ship that blocked the busy waterway for almost a week was re-floated.

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.

Live footage on a local television station showed the ship surrounded by tug boats moving slowly in the centre of the canal. The station, ExtraNews, said the ship was moving at a speed of 1.5  knots (2.8 km/h).

  Forum posts

  • Will the world wait for a next such accident or will it think of other routes?

  • The future is all these eurasian routes by rail.Faster and more practical than the ship.

  • Rail freight is ten times more expensive than maritime one. The only rationale for Eurasian corridors is to counter the Anglo-American domination of maritime routes.

  • Will we need China in 15 years? We produce in China because of its very low wages, but with Industry 4.0, which is already a reality in Germany, the share of labor in production will be so low that we will be able to produce goods at competitive prices right here in Europe and we will save the cost of transportation. Thus, all these new roads will never pay for themselves and will be a burden for the countries that invested heavily in them.

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