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The expansion intended to nearly double the capacity of the Suez Canal, from 49 to 97 ships per day. [9] At a cost of LE 59.4 billion (US$9 billion), this project was funded with interest-bearing investment certificates issued exclusively to Egyptian entities and individuals. The Suez Canal Authority officially opened the new side channel in 2016.
English: Nautical chart of Port Said and the approaches to the Suez Canal. From surveys by Commander F.A. Reyne, and the officers of H.M. Survey Ship Endeavour, 1919, and by the Compagnie Universelle du canal Maritime de Suez to 1953.
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.
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The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but experts warned that disruptions to global shipping ...
The 2015 inauguration of the New Suez Canal raised the Suezmax dimensions, and allowed larger ships. Thereby, the Cape Route became even less important, although it still is an alternative secondary route if the Suez Canal is somehow disrupted (for example, during the 2021 Suez Canal obstruction ), or to avoid paying fees for crossing the canal ...
Satellite images from last week showed the 1,312-foot-long ship with its bow wedged into the eastern bank at a diagonal across the roughly 656-foot-wide Suez Canal, choking off a crucial maritime ...
Jeddah Islamic Port is a Saudi Arabian port, located in Jeddah on the Red Sea, at the middle of an international shipping route between the east and west via the Suez Canal. It is the second-largest and second-busiest port in the Arab world (after the Port of Jebel Ali in Dubai , UAE ).