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the Suez Canal MarineTraffic​

2021-04-07

the Suez Canal MarineTraffic Jam

It happened end of March,2021. Egypt. and solved after 5days

The New York Times described the freighter on the 26th as "a big whale stranded in a beach", blocking a key channel of global trade. Egypt’s “Financial News” reported that about 30% of the world’s oil transported by sea is done through the Suez Canal. In other words, if the Suez Canal is suspended for one day, the transportation of millions of barrels of oil will be delayed, and the losses to businesses and customers can be imagined. Experts interviewed by the Russian Satellite News Agency said that the "clogging" may cause oil prices to increase by 10% or even higher.

It may keep Sea shipping rate high or higher.


Hefei Tengchao Chemical Material Co.,Ltd

                                07th,Apr.2021

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