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Blockage of the sweat channel: a blow to international trade
The suez canal sees more than 50 oil tankers and container ships pass every day. This channel constitutes a strategic crossing point for goods coming from all over the world. Recently a sinking ship caused the obstruction of the canal. What are the impacts of blocking the canal? The strategic role of the suez canal Created in 1867, the Suez Canal is a major passage for international maritime trade. Almost 193 km long, it is a link and a shortcut between Europe and Asia. The canal thus allows the ships which circulate there to make 6000 km less to connect the two continents. This represents a...
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Blockage of the sweat channel: a blow to international trade
The suez canal sees more than 50 oil tankers and container ships pass every day. This channel constitutes a strategic crossing point for goods coming from all over the world. Recently a sinking ship caused the obstruction of the canal. What are the impacts of blocking the canal? The strategic role of the suez canal Created in 1867, the Suez Canal is a major passage for international maritime trade. Almost 193 km long, it is a link and a shortcut between Europe and Asia. The canal thus allows the ships which circulate there to make 6000 km less to connect the two continents. This represents a saving of 800 tonnes of fuel and a considerable saving of time. The sinking of the canal by a Taiwanese ship on March 26, 2021 prevented more than 20 ships from circulating. This blockage is the...
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