Maritime transportation has a vital role to play in our daily life as it benefits every single person across the world. Despite the fact that the developments in the aviation industry have made the movement of people and goods faster, the shipping industry remains critical to the growth of economies.
The Suez Canal Authority (SCA) mentioned on Saturday that the canal recorded revenues of $1.69 billion in 2022’s first quarter was up from $1.4 billion observed during the same period in 2021.
Let’s take a look at the system of measuring tonnage on-board vessels prevalent in the Suez Canal. This measurements based on various problems and maximisation of profits to be exacted from the passing freight in one of the busiest traffic routes of the world.
It was successfully refloated in 15 minutes. The incident took place about six months after another vessel had blocked the vital waterway for about a week.
APM Terminals is working closely with the government of Egypt on the final pieces of the jigsaw that will ensure the success of Egypt Vision 2030 for Port Said East Port and the SCCT.
Maritime piracy is one of the biggest dangers faced by the busiest shipping routes around the world. Find out seven most famous shipping routes vulnerable to maritime piracy.
Ever wondered how ships transit the longest man-made canal “The Suez Canal”? Ever thought how much does it costs to transit one of the busiest shipping routes in the world? Watch the video to find out.
Admiral Mohab Mamessh, Chairman of the Suez Canal Authority, and Chairman of Suez Canal Economic Zone, stated on Thursday that the Suez Canal witnessed the passage of the oil floating Storage vessel / FIRENZE FPSO reared towed by five SCA tugs.
Time-lapse photography has become extremely popular in recent years, even at sea. Checkout seven cool time-lapse videos of ships transiting Suez Canal.
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