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In 2008, 21,415 vessels passed through the canal and the receipts totalled $5.381 billion, [140] with an average cost per ship of $251,000. New Rules of Navigation came into force on 1 January 2008, passed by the board of directors of the Suez Canal Authority (SCA) to organise vessels' transit.
The current channel depth of the canal allows for a maximum of 20.1 metres (66 ft) of draft, [2] meaning that a few fully laden supertankers are too deep to fit through, and either have to unload part of their cargo to other ships ("transhipment") or to a pipeline terminal before passing through, or alternatively avoid the Suez Canal and travel around Cape Agulhas instead.
The table lists volume in thousands of TEU per year. The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers , with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number ...
The cost of shipping a standard 40-foot container from Asia to northern Europe has surged from less than $1,500 in mid-December to nearly $5,500. ... If shippers avoid the Suez Canal for a year ...
The ships will be too large for the New Panamax-sized locks on the Panama Canal, [66] and their main route is expected to be Asia-Europe (through the Suez Canal). [68] The draft of the Triple E class is 14.5 metres (48 ft), less than the SuezMax requirement of 55.9 ft (17.0 m) at 59 m (194 ft) beam. [ 69 ]
The Egyptian government has calculated a $1 billion bill to get the MV Ever Given cargo ship unstuck in the Suez Canal.
Furthermore, some of the world's main waterways such as the Suez Canal and Singapore Strait restrict the maximum dimensions of a ship that can pass through them. In 2016, Prokopowicz and Berg-Andreassen defined a container ship with a capacity of 10,000 to 20,000 TEU as a Very Large Container Ship (VLCS), and one with a capacity greater than ...
The massive shipping container that has been stuck in the Suez Canal and partially halted global trade for nearly a week, has been floated by a team of salvagers. A team of tugboats worked for ...