Suez Canal Traffic

Suez Canal Blockage Disrupts Supply Chain Operators

According to an article published in TT News, International freight transport and logistics insurer, TT Club alerts supply chain operators to the consequential impact of disruption stemming from recent blockage in the Suez Canal and urges a greater emphasis on resilience.

Back to Normal

Global supply chains already strained by the disruption caused by the pandemic have been further challenged recently by the blockage of the Suez Canal, an artery that carries 30% of the world’s container cargo...

https://mfame.guru/suez-canal-blockage-disrupts-supply-chain-operators/

Ever Given Charterer Denies Responsibility for Cargo Delays

  • Evergreen risk exposure from Suez ‘very low’: President Hsieh.
  • Company says 12 vessels it uses were impacted by shutdown of Suez.

Taiwan’s Evergreen Marine Corp., which chartered the Ever Given vessel that grounded in the Suez Canal, halting marine traffic through the waterway for about six days, said it’s not responsible for delays of any cargo it’s transporting due to the incident, reports Bloomberg Quint.

Dozen of vessels impacted

Evergreen’s agreements with clients don’t guarantee arrival...

https://mfame.guru/ever-given-charterer-denies-responsibility-for-cargo-delays/

Tanker Transit Via Suez Canal Falls

  • The demand for oil transports has stayed subdued since the April crash in oil prices.
  • Oil tankers passing through the Suez Canal in October saw a sharp 27% decline.
  • October recorded just 9 transits of LR1 tankers (55,000 – 80,000 DWT), which is a 74% drop.
  • Dry bulk transits have risen 24.4% in the first 10 months of the year.
  • Containership transits unsurprisingly fell by 14.4%.

A sharp 27% decline in the number of oil tankers passing through the Suez Canal was seen in October, reports BIMCO.

Wha...

https://mfame.guru/tanker-transit-via-suez-canal-falls/

Suez Canal Traffic Unaffected! Navigation Statistics Records 8.4% Increase!

  • The navigation traffic in the channel is regular and is proceeding according to the normal rates.
  • In March 2020, navigation statistics recorded 1662 ships crossing from both directions in exchange for 1589 ships crossed during the month of March of last year.
  • The total net tonnages reached 101 million and 101 thousand tons, compared to 97 million 796 thousand tons during the month of March of last year.
  • The navigation statistics during the first quarter of the year 2020 recorded an increase in...

http://mfame.guru/suez-canal-traffic-unaffected-navigation-statistics-records-8-4-increase/

SCA Says 68 Vessels With a Cargo Tonnage of 5.2 Million Passed Suez Canal

According to an Egypt Independent report, the Suez Canal Economic Zone’s (SCEZ) Chairman Mohab Mamish said that traffic passing through the Suez Canal in both directions summed 68 vessels with a total cargo tonnage of 5.2 million on Wednesday.

  1. Twenty-seven ships passed through the canal coming from the north, carrying a total of 2.1 million tons, while 41 ships crossed from the south carrying 3.1 million tons, Mamish added in a statement.
  2. The largest ship that crossed the canal on Wednesday...

http://mfame.guru/sca-says-68-vessels-with-a-cargo-tonnage-of-5-2-million-passed-suez-canal/

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