Emergency announced in Suez Canal as 'Ever Given' container ship returns

[Aiken_Drumn]

Taking bets it gets stuck again?

Egyptian authorities declared a state of emergency on Sunday as Ever Given, the container ship that blocked the Suez Canal for six days in March, returned to the waterway with a full load, heading to Rotterdam from China.

The 400-metre Panama-registered vessel arrived in Suez just after midnight on Saturday, where it was moored until it was given the signal to pass through the canal.

https://www.thenationalnews.com/men...z-canal-as-ever-given-container-ship-returns/

 

[Gelion]

This is both funny and sad at the same time. But they were probably right to do so.

 

[EnglishEdward]

In my view it was the responsibility of the Egyptian government as
owners of the canal to de-clog the canal when it got blocked.

 

[Birdjaguar]

IIRC it was pilot error under trying circumstances. Egypt is to blame. If the canal is less suited to modern ships, it would be best to fix the canal or ban the ships. Oh wait...I forgot...The money.

 

[Takhisis]

How much do you think it costs to widen the canal by even one metre along its whole length, Mr. jaguar?

 

[Birdjaguar]

How much do you think it costs to widen the canal by even one metre along its whole length, Mr. jaguar?

Quite a lot. More than Egypt can afford probably. Another solution is needed if they want to prevent such things in the future.

 

[amadeus]

Anthony Eden is looking down at us, having a hearty laugh.

 

[EnglishEdward]

IIRC it was pilot error under trying circumstances.

Let me clarify my point please. Pilot error is human error which is sooner or later inevitable.

Egypt should have had the capacity at hand to resolve the problem in less than 6 days.

 

[Birdjaguar]

Now if they created a Suez Canal Corporation and sold shares on the NY exchange, I suspect that thy could raise the funds to make improvements. But alas, the traffic fees would go elsewhere and not necessarily to the Egyptian government. Smaller ships would be an alternate if less acceptable solution. How about better pilots and more tugs? Nah too simple.

 

[Birdjaguar]

Let me clarify my point please. Pilot error is human error which is sooner or later inevitable.

Egypt should have had the capacity at hand to resolve the problem in less than 6 days.

What human failings! Never.

 

[amadeus]

I'd have to do more research (can't, gotta go to work!) but I'm struggling to figure out how the canal could be closed for eight years from 1967, but when closed for a few days in 2021, the whole world system of trade seems upset.

 

[EnglishEdward]

It is something to do with today's degenerate media hysteria.

In reality the closure in 1967 had a much greater impact than the closure in 2021,
despite industry's adoption of JIT and world trade being greater now than in 1967.

 

[Gelion]

It is something to do with today's degenerate media hysteria.

And the markets, and the "just-on-time" delivery system, and hundreds of not-very-small ships waiting to go the same channel or loose their profits.

 

[Zardnaar]

I'd have to do more research (can't, gotta go to work!) but I'm struggling to figure out how the canal could be closed for eight years from 1967, but when closed for a few days in 2021, the whole world system of trade seems upset.

China barely traded with the world 1967. Raw resources were mined in Europe.

Production was more localized.

Throw is less traffic.

 

[r16]

when some ship is big enough to carry the entire global trade of some random year from some random past century and when it clogs the route and you suddenly have reroute and the already existing container fees crisis (because the Chinese drive them up for like Taiwan or something) and the computerized systems and the otherwise glorious just in time concept and whatnot . Future histories might write it up as a preliminary to WW lll .

edit : Oh , that's just on time then . No issues as already noted . Truly boosted by the coronavirus stuff as businesses try to corner markets while competitors are in lockdown or still in low gear ...

 

[Hrothbern]

Nothing happens or only slowly happens until something happens

Over time the Suez Canal got several upgrades following the increased demand.
(currently per day on average roughly 10 Billion Euro goods, 12% of global trade).

In March 2021 the containership Ever Given got stuck in the Suez Canal.
In July a project started.
Today was announced that the accelerated plan is to finish the next upgrade in July 2023.

https://www.reuters.com/business/suez-canal-expansion-due-finish-july-2023-sca-chairman-2022-01-16/

DUBAI, Jan 16 (Reuters) - A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday.

The SCA announced accelerated plans to extend a second channel of the canal and to enlarge an existing channel after the Ever Given container ship ran aground and blocked the waterway for six days last year.

"The project will be completed in 24 months. We started in July 2021 and God willing we will finish in July 2023," Chairman Osama Rabie said on the sidelines of an event in Dubai.

 

[Snowygerry]

In my view it was the responsibility of the Egyptian government as
owners of the canal to de-clog the canal when it got blocked.

II doubt they care .

The Suez Canal has never been so profitable for Egypt - KAWA News | Hiswai

 

[Bamspeedy]

I first read that headline as 'never been profitable'.

But the headline says 'has never been SO profitable'.

 

[Hrothbern]

II doubt they care .

The Suez Canal has never been so profitable for Egypt - KAWA News | Hiswai

And not only 3% more GDP which any country can achieve easily when people cook less at home and eat more outdoors.

That currently 3% GDP from transit fees is hard currency net import.

 

[Snowygerry]

If the Dutch lived there the place would be green grassland no doubt, and an entire fleet of dredgers to deblock it