Telesom Dahabshiil
Published On: Tue, Mar 30th, 2021

Suez Canal: The Heart of the World Reopen

Araweelo News Network.

Suez Canal: The Heart of the World Reopen and the world economy and trade breathing after a week

By Arraale M Jama Freelance Journalist and Human Rights activist.

Cairo(ANN)-Ever Given was successfully towed off the Suez Canal, after a week-long blockade of global traffic and trade, and the resumption of human and traffic flows, which have become increasingly tolerant of the worries facing global trade.

Ever Given, the world’s longest container container vessel, has closed the Suez Canal for nearly a week, causing concern and loss of billions of dollars to the global economy, following the Suez Canal the world’s most important trade route between East and West have blocked.

The Tag boats, backed by tractors capable of digging, spent several days working to lift the ship, which was eventually removed from the shore.

Maritime transport websites have released images of the ship off the coast of the Suez Canal for the first time in seven days following an hour-long global effort to reopen the Suez Canal.

Officials at the Suez Canal say more than 300 ships were waiting to cross the canal, and the first three ships to cross the canal were ships carrying live cattle, said one of the authorities.

He added that 113 ships were scheduled to pass at 8 a.m. local time on Tuesday, as hundreds of vessels that have been trapped since last Tuesday prepare to restart their journeys.

On the other hand, According to SCA, about 370 ships were waiting for the passage on both sides of the canal, including 25 oil tankers.

 

Evergreen Line, which leases the Ever Given program, said it would be tested in seawater and that decisions related to the ship’s cargo would be made after the test.

About 12 percent of the world’s trade flows through the Suez Canal, making it the largest source of hard currency in Egypt. Economists say that according to a financial assessment released by a prominent banking institution, the blockade of the Suez Canal caused $ 9.6 billion in business losses every day; or, $ 400 million per hour.

Assessing and calculating Lloyd’s list, the shipments heading west across the main waterway are estimated to be worth about $ 5.1 billion per day, while cargo heading east is valued at about $ 4.5 billion.

Ever Given Cargo

Ever Given Cargo Araweelo News Network.28 March 2021.

The Ever Given is one of the largest container ships in the world., Ever Given was built three years ago, at the time of 2018, Imabari Shipbuilding. It is on board 13 of the world’s largest cargo ships, Shoei Kisen, owned by Ever Given, according to the company’s chief executive, Yukito Higaki. The ship sails under the Panama flag.

Ever Given is said to be 400 meters long and 59 meters wide and has a capacity of more than 20,388 containers, although registered by the company that made it in 2018, to carry 20,000 containers.

 

The current blockade of the world’s most important aisle has taught the world the need to be protected from such a recurrence, and this incident has already raised the need to change the law of the ships that have passed the order and how it needs to be expanded and deep Suez Canal to extended.

The Suez Canal, the heart of the world, reopened today, and the world economy and trade have been breathing after a week.

Think of your friends who are interested and share this story.

By Arraale M Jaama Freelance Journalist and Human Rights activist.

Jaamac132@gmail.com

 

About the Author

- #Arraale Mohamoud Jama is a freelance journalist and human rights activist with more than 20 years of experience as a professional journalist and human rights activist, as well as a writer and investigative journalist on a wide range of topics related to social issues, human rights, politics and security, economics, democracy, and good governance. He has written extensively on regional and international events, and has worked Somaliland newspapers, and Human rights organization. In 2008, he created the website #Araweelo #News #Network, and is based in Somaliland and is currently managing it; #Arraale is a specialist in investigating and reporting on human rights, democracy, security, and good governance issues. Contact: Info@araweelonews.com jaamac132@gmail.com Send an SMS or MMS to + 252 63 442 5380 whatsapp.com/ + 252 63 442 5380 /https://twitter.com/Araweelonews/https://www.facebook.com/Araweelonews/

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Araweelo is an Associated Network News, The most trusted source for news & Political,investigator report,Human Rights Issues,Educations,Social and Democracy ,Latest News Horn of Africa. runs Arraale Mohamoud Jama Freelance Journalist and Human Rights Activist based in Somaliland.

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