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Egypt’s Suez Canal loses as major shipping lines reroute
Egypt's Suez Canal Authority recorded a 30 percent drop in the number of vessels using the crucial waterway during the first 11 days of January, compared to the same period in 2023. All major shipping firms, like Maersk, Evergreen, CMA are now deferring from the Red Sea and Suez Canal to the longer route.
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica
Instagram: https://www.instagram.com/cgtn_africa/
published: 17 Jan 2024
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Shipping Cargo Egypt
Introduction of the shipping services available to customers when using https://acorncontainers.co.uk to import / Export cargo for Egypt
published: 28 Jul 2021
-
Egypt's $23BN Suez Canal on Rails
Egypt is home to one of the most dangerous rail systems on Earth, but not for much longer. For more by The B1M subscribe now - http://ow.ly/GxW7y
Full story here - https://theb1m.com/video/fixing-one-of-the-world-s-deadliest-railways
Executive Producer and Narrator - Fred Mills
Producer - Adam Savage
Video Editing and Graphics - Kurt Fernandes and James Durkin
Additional footage and images courtesy of Siemens AG, Acrow Formwork Technology, Al Jazeera, Alstom, China State Construction Engineering Corporation, DFID/Graham Carlow/CC BY 2.0, Egyptian Ministry of Transport, Marc Ryckaert/CC BY-SA 4.0, Mohamed Reda, Mona Hassan Abo-Abda/CC BY-SA 4.0, Sergey Korovkin/CC BY-SA 3.0, The Guardian and and OpenStreetMap Contributers (https://www.openstreetmap.org/copyright).
This production inc...
published: 24 Nov 2021
-
Shipping to Egypt MUST KNOW (5 Steps)
If you have any questions be sure to leave them in the comments below!
New videos every week
Editor: @immap0tat022
published: 12 Mar 2023
-
Egypt ACID Procedure | Required for All Shipments to Egypt
If you’re looking to ship goods to Egypt, you’ll need to obtain an ACID (Advance Cargo Information Declaration) number. This is also known as an Electronic Cargo Tracking Note (ECTN). To get an ACID number, you’ll need to provide certain documents. Simply send these documents in PDF format to SCK Representation, and we’ll take care of the rest. The process usually takes a few days, provided all the documents are correct and match. Remember that the ACID number is only valid for a single bill of lading and its associated documents, so you’ll need to obtain a new ACID number for each shipment. Let us handle the ACID application process and make shipping to Egypt smooth and easy.
The Advanced Cargo Information Declaration is referred to as ACID Number. It is a requirement for all shipments t...
published: 23 Sep 2022
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Shipping Cargo Company In Egypt
cargo company in Egypt, cargo services, custom clearance, logistics information, logistics advisory, cargo event, cargo news, shipping company in Egypt
Shipping companies in Egypt, Cheaper air cargo in Egypt, Cheapest Shipping Freight in Egypt of all international shipping lines, Cheapest air freight from China and East Asian countries, Cheapest air freight from America, Canada and the countries of South America
Cheaper air cargo from Saudi Arabia, Qatar, Kuwait and the Gulf states
Cheapest air freight from France, Britain, Italy, Switzerland, EU countries
Shipping agents in Egypt, Air Cargo Agents in Egypt, Freight Shipping Agents in Egypt - Customs Clearance - International Shipping - Shipping Freight and Air - Shipping - Internal transport - shipping personal belongings - Shipping door ...
published: 20 Jul 2014
-
Egypt’s logistics and shipping industry & global trade
Marcopolis.net Video Interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), also available here http://www.marcopolis.net/egypts-logistics-and-shipping-important-role-in-global-trade-1212.htm
"Egypt is very strategically located on the main trading routes from the Far East to North Europe via the Suez Canal. Therefore, Egypt truly plays an important role in global trade and moving goods between these regions," argues Klaus Holm Laursen, CEO of the Suez Canal Container Terminal (SCCT).
To read the full transcript of the MarcoPolis interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), visit Marcopolis.net http://www.marcopolis.net/the-suez-canal-container-terminal-scct-the-leading-container-terminal-on-the-suez-canal-1609.htm
published: 18 Jan 2015
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first shipping to Egypt 2022
published: 13 Jan 2022
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Giant cargo ship stuck in Egypt's Suez Canal could take 'weeks' to free
A giant cargo ship has been stuck in Egypt's Suez Canal for the past three days. It's blocking one of the world's busiest trade routes. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world’s most important maritime trade chokepoints isn’t set to break free just yet.
The Ever Given, a 220,000-ton mega ship nearly a quarter-mile long with a 20,000 container capacity, ran aground after being blown by strong winds while entering Egypt’s Suez Canal from the Red Sea. It’s completely blocked the passageway that is home to as much as 12% of the world’s seaborne trade and through which 50 container ships normally transit per day.
Tugboats and dredgers are curre...
published: 26 Mar 2021
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Get to know about One Logistics Cargo Egypt - Introduction
* Get to know about One Logistics Egypt - our services, mission, type of cargo, freight transporting methods, our contact and address.
* Shipping from / to Egypt / worldwide countries - from any country to another supported by strong universal network and agencies who can provide all types of freight forwarder, logistics services, supply chain services.
* You may contact us or visit our website to check out the latest information and news about logistics, shipping and customs.
#freight #shipping #Cargo #Customs #Fiata
Join our group : https://facebook.com/groups/504309300358511
Facebook : http://onelogisticseg.com/contact-us
website : www.onelogisticseg.com
Email : info@onelogisticseg.com
Contact us : http://onelogisticseg.com/contact-us/
published: 27 Nov 2020
3:24
Egypt’s Suez Canal loses as major shipping lines reroute
Egypt's Suez Canal Authority recorded a 30 percent drop in the number of vessels using the crucial waterway during the first 11 days of January, compared to the...
Egypt's Suez Canal Authority recorded a 30 percent drop in the number of vessels using the crucial waterway during the first 11 days of January, compared to the same period in 2023. All major shipping firms, like Maersk, Evergreen, CMA are now deferring from the Red Sea and Suez Canal to the longer route.
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica
Instagram: https://www.instagram.com/cgtn_africa/
https://wn.com/Egypt’S_Suez_Canal_Loses_As_Major_Shipping_Lines_Reroute
Egypt's Suez Canal Authority recorded a 30 percent drop in the number of vessels using the crucial waterway during the first 11 days of January, compared to the same period in 2023. All major shipping firms, like Maersk, Evergreen, CMA are now deferring from the Red Sea and Suez Canal to the longer route.
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica
Instagram: https://www.instagram.com/cgtn_africa/
- published: 17 Jan 2024
- views: 1023
0:35
Shipping Cargo Egypt
Introduction of the shipping services available to customers when using https://acorncontainers.co.uk to import / Export cargo for Egypt
Introduction of the shipping services available to customers when using https://acorncontainers.co.uk to import / Export cargo for Egypt
https://wn.com/Shipping_Cargo_Egypt
Introduction of the shipping services available to customers when using https://acorncontainers.co.uk to import / Export cargo for Egypt
- published: 28 Jul 2021
- views: 82
8:50
Egypt's $23BN Suez Canal on Rails
Egypt is home to one of the most dangerous rail systems on Earth, but not for much longer. For more by The B1M subscribe now - http://ow.ly/GxW7y
Full story ...
Egypt is home to one of the most dangerous rail systems on Earth, but not for much longer. For more by The B1M subscribe now - http://ow.ly/GxW7y
Full story here - https://theb1m.com/video/fixing-one-of-the-world-s-deadliest-railways
Executive Producer and Narrator - Fred Mills
Producer - Adam Savage
Video Editing and Graphics - Kurt Fernandes and James Durkin
Additional footage and images courtesy of Siemens AG, Acrow Formwork Technology, Al Jazeera, Alstom, China State Construction Engineering Corporation, DFID/Graham Carlow/CC BY 2.0, Egyptian Ministry of Transport, Marc Ryckaert/CC BY-SA 4.0, Mohamed Reda, Mona Hassan Abo-Abda/CC BY-SA 4.0, Sergey Korovkin/CC BY-SA 3.0, The Guardian and and OpenStreetMap Contributers (https://www.openstreetmap.org/copyright).
This production includes some footage from ACROW Formwork Technology’s video "New Alamein City - Acrow Self Climbing System" licensed under Creative Commons (https://creativecommons.org/licenses/...).
Go Behind The B1M. Click "JOIN" here - https://bit.ly/2Ru3M6O
The B1M Merch store - https://theb1m.creator-spring.com/
View this video and more at - https://www.TheB1M.com/
Follow us on Twitter - http://www.twitter.com/TheB1M/
Like us on Facebook - http://www.facebook.com/TheB1M/
Follow us on LinkedIn - https://www.linkedin.com/company/the-b1m-ltd/
Follow us on Instagram - http://instagram.com/theb1m/
#construction #architecture #railways
We welcome you sharing our content to inspire others, but please be nice and play by our rules - http://www.theb1m.com/guidelines-for-sharing
Our content may only be embedded onto third party websites by arrangement. We have established partnerships with domains to share our content and help it reach a wider audience. If you are interested in partnering with us please contact Enquiries@TheB1M.com.
Ripping and/or editing this video is illegal and will result in legal action.
© 2021 The B1M Limited
https://wn.com/Egypt's_23Bn_Suez_Canal_On_Rails
Egypt is home to one of the most dangerous rail systems on Earth, but not for much longer. For more by The B1M subscribe now - http://ow.ly/GxW7y
Full story here - https://theb1m.com/video/fixing-one-of-the-world-s-deadliest-railways
Executive Producer and Narrator - Fred Mills
Producer - Adam Savage
Video Editing and Graphics - Kurt Fernandes and James Durkin
Additional footage and images courtesy of Siemens AG, Acrow Formwork Technology, Al Jazeera, Alstom, China State Construction Engineering Corporation, DFID/Graham Carlow/CC BY 2.0, Egyptian Ministry of Transport, Marc Ryckaert/CC BY-SA 4.0, Mohamed Reda, Mona Hassan Abo-Abda/CC BY-SA 4.0, Sergey Korovkin/CC BY-SA 3.0, The Guardian and and OpenStreetMap Contributers (https://www.openstreetmap.org/copyright).
This production includes some footage from ACROW Formwork Technology’s video "New Alamein City - Acrow Self Climbing System" licensed under Creative Commons (https://creativecommons.org/licenses/...).
Go Behind The B1M. Click "JOIN" here - https://bit.ly/2Ru3M6O
The B1M Merch store - https://theb1m.creator-spring.com/
View this video and more at - https://www.TheB1M.com/
Follow us on Twitter - http://www.twitter.com/TheB1M/
Like us on Facebook - http://www.facebook.com/TheB1M/
Follow us on LinkedIn - https://www.linkedin.com/company/the-b1m-ltd/
Follow us on Instagram - http://instagram.com/theb1m/
#construction #architecture #railways
We welcome you sharing our content to inspire others, but please be nice and play by our rules - http://www.theb1m.com/guidelines-for-sharing
Our content may only be embedded onto third party websites by arrangement. We have established partnerships with domains to share our content and help it reach a wider audience. If you are interested in partnering with us please contact Enquiries@TheB1M.com.
Ripping and/or editing this video is illegal and will result in legal action.
© 2021 The B1M Limited
- published: 24 Nov 2021
- views: 652980
6:04
Shipping to Egypt MUST KNOW (5 Steps)
If you have any questions be sure to leave them in the comments below!
New videos every week
Editor: @immap0tat022
If you have any questions be sure to leave them in the comments below!
New videos every week
Editor: @immap0tat022
https://wn.com/Shipping_To_Egypt_Must_Know_(5_Steps)
If you have any questions be sure to leave them in the comments below!
New videos every week
Editor: @immap0tat022
- published: 12 Mar 2023
- views: 41
0:48
Egypt ACID Procedure | Required for All Shipments to Egypt
If you’re looking to ship goods to Egypt, you’ll need to obtain an ACID (Advance Cargo Information Declaration) number. This is also known as an Electronic Carg...
If you’re looking to ship goods to Egypt, you’ll need to obtain an ACID (Advance Cargo Information Declaration) number. This is also known as an Electronic Cargo Tracking Note (ECTN). To get an ACID number, you’ll need to provide certain documents. Simply send these documents in PDF format to SCK Representation, and we’ll take care of the rest. The process usually takes a few days, provided all the documents are correct and match. Remember that the ACID number is only valid for a single bill of lading and its associated documents, so you’ll need to obtain a new ACID number for each shipment. Let us handle the ACID application process and make shipping to Egypt smooth and easy.
The Advanced Cargo Information Declaration is referred to as ACID Number. It is a requirement for all shipments to Egypt as a loading document also known as BSC, BESC, or CTN certificate. There may be serious repercussions and sizable penalty fees if the Advanced Cargo Information Declaration paperwork is not presented. To maintain order and safety in the nation’s port, the Egyptian government mandates the ACID Advance Cargo Information Declaration.
The required documents are:
1. Bill of Lading
2. Commercial Invoice
3. Certificate of Origin
4. Packing List
Apply for an Egypt ACID at https://scktr.com/en/egypt-acid/
https://wn.com/Egypt_Acid_Procedure_|_Required_For_All_Shipments_To_Egypt
If you’re looking to ship goods to Egypt, you’ll need to obtain an ACID (Advance Cargo Information Declaration) number. This is also known as an Electronic Cargo Tracking Note (ECTN). To get an ACID number, you’ll need to provide certain documents. Simply send these documents in PDF format to SCK Representation, and we’ll take care of the rest. The process usually takes a few days, provided all the documents are correct and match. Remember that the ACID number is only valid for a single bill of lading and its associated documents, so you’ll need to obtain a new ACID number for each shipment. Let us handle the ACID application process and make shipping to Egypt smooth and easy.
The Advanced Cargo Information Declaration is referred to as ACID Number. It is a requirement for all shipments to Egypt as a loading document also known as BSC, BESC, or CTN certificate. There may be serious repercussions and sizable penalty fees if the Advanced Cargo Information Declaration paperwork is not presented. To maintain order and safety in the nation’s port, the Egyptian government mandates the ACID Advance Cargo Information Declaration.
The required documents are:
1. Bill of Lading
2. Commercial Invoice
3. Certificate of Origin
4. Packing List
Apply for an Egypt ACID at https://scktr.com/en/egypt-acid/
- published: 23 Sep 2022
- views: 231
1:05
Shipping Cargo Company In Egypt
cargo company in Egypt, cargo services, custom clearance, logistics information, logistics advisory, cargo event, cargo news, shipping company in Egypt
Shipping...
cargo company in Egypt, cargo services, custom clearance, logistics information, logistics advisory, cargo event, cargo news, shipping company in Egypt
Shipping companies in Egypt, Cheaper air cargo in Egypt, Cheapest Shipping Freight in Egypt of all international shipping lines, Cheapest air freight from China and East Asian countries, Cheapest air freight from America, Canada and the countries of South America
Cheaper air cargo from Saudi Arabia, Qatar, Kuwait and the Gulf states
Cheapest air freight from France, Britain, Italy, Switzerland, EU countries
Shipping agents in Egypt, Air Cargo Agents in Egypt, Freight Shipping Agents in Egypt - Customs Clearance - International Shipping - Shipping Freight and Air - Shipping - Internal transport - shipping personal belongings - Shipping door to door - Shipping - transportation - cargo and personal belongings Import and Export - Air Cargo - Shipping Freight - Shipping Barre from door to door and rid Clearance at the lowest cost.
Securities rid of import and export customs clearance,The import of all products from all countries of the world, About Customs prices for commercial goods in Egypt
About export to overseas, About import from abroad
https://www.facebook.com/cargocompanyinegypt
https://www.facebook.com/shippingcompanyinegypt
https://www.facebook.com/Freight.forwarders.in.Egypt
Cargo Services serve the commercial & industrial importers & exporters by providing an overriding attention to service, forward thinking, reliability, and cost efficiency.
Having a team of highly professionals, we offer a full range of Air Freight and Sea Freight services designed to meet the expanding needs of our customers. Our international network of associates support all of its varied services, for Air & Ocean freight forwarding.
شركات الشحن الجوى في مصر ,أرخص شحن جوي في مصر
أرخص شحن بضائع في مصر من جميع خطوط الشحن الدولية ,أرخص شحن الجوي من الصين ودول شرق آسيا ,أرخص لشحن الجوي من أمريكا وكندا ودول أمريكا الجنوبية ,أرخص شحن جوي من المملكة العربية السعودية وقطر والكويت ودول الخليج .أرخص شحن الجوي من فرنسا وبريطانيا وإيطاليا وسويسرا ودول الاتحاد الأوروبي وكلاء الشحن في مصر , وكلاء الشحن الجوي في مصر , وكلاء شحن البضائع في مصر التخليص الجمركي - الشحن الدولي - شحن البضائع والهواء - شحن - نقل داخلي - شحن الأمتعة الشخصية - من الباب الى الباب الشحن - شحن - نقل البضائع والأمتعة الشخصية - استيراد وتصدير - الشحن الجوي - شحن بحرى - شحن بري من الباب إلى الباب والتخليص الجمركى بأقل تكلفة. التخليص الجمركي الاستيراد والتصدير استيراد جميع المنتجات من جميع دول العالم - أسعار الجمارك على السلع التجارية في مصر معلومات عن التصدير إلى الخارج - معلومات عن الاستيراد من الخارج خدمات الشحن خدمة المستوردين والمصدرين التجارية والصناعية من خلال توفير الاهتمام الكافى للخدمة، والتفكير إلى الأمام، والموثوقية، والفعالية من حيث التكلفة. وجود فريق من المهنيين للغاية، ونحن نقدم مجموعة كاملة من خدمات الشحن الجوي والشحن البحري المصممة لتلبية الاحتياجات المتزايدة لعملائنا. لدينا شبكة دولية من الشركات الزميلة دعم جميع خدماتها المتنوعة، . خبرة واسعة من موظفيها المتفانين لانها سمعة العمل الجاد في صناعة الشحن. على الرغم من أن النمو كان لدينا كبيرة، ونحن نفخر على قدرتنا على الحفاظ على رضاء عملائنا، استجابة مرنة لمتطلبات العملاء وتقديم أسعار تنافسية للغاية. شركة النقل البحري في مصر، شركة الشحن في مصر، شركة النقل في مصر، شركة الخدمات اللوجستية في مصر، الأعمال اللوجستية في مصر.شركات الشحن الدولى فى مصر | شركات التخليص الجمركى
https://wn.com/Shipping_Cargo_Company_In_Egypt
cargo company in Egypt, cargo services, custom clearance, logistics information, logistics advisory, cargo event, cargo news, shipping company in Egypt
Shipping companies in Egypt, Cheaper air cargo in Egypt, Cheapest Shipping Freight in Egypt of all international shipping lines, Cheapest air freight from China and East Asian countries, Cheapest air freight from America, Canada and the countries of South America
Cheaper air cargo from Saudi Arabia, Qatar, Kuwait and the Gulf states
Cheapest air freight from France, Britain, Italy, Switzerland, EU countries
Shipping agents in Egypt, Air Cargo Agents in Egypt, Freight Shipping Agents in Egypt - Customs Clearance - International Shipping - Shipping Freight and Air - Shipping - Internal transport - shipping personal belongings - Shipping door to door - Shipping - transportation - cargo and personal belongings Import and Export - Air Cargo - Shipping Freight - Shipping Barre from door to door and rid Clearance at the lowest cost.
Securities rid of import and export customs clearance,The import of all products from all countries of the world, About Customs prices for commercial goods in Egypt
About export to overseas, About import from abroad
https://www.facebook.com/cargocompanyinegypt
https://www.facebook.com/shippingcompanyinegypt
https://www.facebook.com/Freight.forwarders.in.Egypt
Cargo Services serve the commercial & industrial importers & exporters by providing an overriding attention to service, forward thinking, reliability, and cost efficiency.
Having a team of highly professionals, we offer a full range of Air Freight and Sea Freight services designed to meet the expanding needs of our customers. Our international network of associates support all of its varied services, for Air & Ocean freight forwarding.
شركات الشحن الجوى في مصر ,أرخص شحن جوي في مصر
أرخص شحن بضائع في مصر من جميع خطوط الشحن الدولية ,أرخص شحن الجوي من الصين ودول شرق آسيا ,أرخص لشحن الجوي من أمريكا وكندا ودول أمريكا الجنوبية ,أرخص شحن جوي من المملكة العربية السعودية وقطر والكويت ودول الخليج .أرخص شحن الجوي من فرنسا وبريطانيا وإيطاليا وسويسرا ودول الاتحاد الأوروبي وكلاء الشحن في مصر , وكلاء الشحن الجوي في مصر , وكلاء شحن البضائع في مصر التخليص الجمركي - الشحن الدولي - شحن البضائع والهواء - شحن - نقل داخلي - شحن الأمتعة الشخصية - من الباب الى الباب الشحن - شحن - نقل البضائع والأمتعة الشخصية - استيراد وتصدير - الشحن الجوي - شحن بحرى - شحن بري من الباب إلى الباب والتخليص الجمركى بأقل تكلفة. التخليص الجمركي الاستيراد والتصدير استيراد جميع المنتجات من جميع دول العالم - أسعار الجمارك على السلع التجارية في مصر معلومات عن التصدير إلى الخارج - معلومات عن الاستيراد من الخارج خدمات الشحن خدمة المستوردين والمصدرين التجارية والصناعية من خلال توفير الاهتمام الكافى للخدمة، والتفكير إلى الأمام، والموثوقية، والفعالية من حيث التكلفة. وجود فريق من المهنيين للغاية، ونحن نقدم مجموعة كاملة من خدمات الشحن الجوي والشحن البحري المصممة لتلبية الاحتياجات المتزايدة لعملائنا. لدينا شبكة دولية من الشركات الزميلة دعم جميع خدماتها المتنوعة، . خبرة واسعة من موظفيها المتفانين لانها سمعة العمل الجاد في صناعة الشحن. على الرغم من أن النمو كان لدينا كبيرة، ونحن نفخر على قدرتنا على الحفاظ على رضاء عملائنا، استجابة مرنة لمتطلبات العملاء وتقديم أسعار تنافسية للغاية. شركة النقل البحري في مصر، شركة الشحن في مصر، شركة النقل في مصر، شركة الخدمات اللوجستية في مصر، الأعمال اللوجستية في مصر.شركات الشحن الدولى فى مصر | شركات التخليص الجمركى
- published: 20 Jul 2014
- views: 2270
1:17
Egypt’s logistics and shipping industry & global trade
Marcopolis.net Video Interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), also available here http://www.marcopolis.net/egypts-logist...
Marcopolis.net Video Interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), also available here http://www.marcopolis.net/egypts-logistics-and-shipping-important-role-in-global-trade-1212.htm
"Egypt is very strategically located on the main trading routes from the Far East to North Europe via the Suez Canal. Therefore, Egypt truly plays an important role in global trade and moving goods between these regions," argues Klaus Holm Laursen, CEO of the Suez Canal Container Terminal (SCCT).
To read the full transcript of the MarcoPolis interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), visit Marcopolis.net http://www.marcopolis.net/the-suez-canal-container-terminal-scct-the-leading-container-terminal-on-the-suez-canal-1609.htm
https://wn.com/Egypt’S_Logistics_And_Shipping_Industry_Global_Trade
Marcopolis.net Video Interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), also available here http://www.marcopolis.net/egypts-logistics-and-shipping-important-role-in-global-trade-1212.htm
"Egypt is very strategically located on the main trading routes from the Far East to North Europe via the Suez Canal. Therefore, Egypt truly plays an important role in global trade and moving goods between these regions," argues Klaus Holm Laursen, CEO of the Suez Canal Container Terminal (SCCT).
To read the full transcript of the MarcoPolis interview with Klaus Holm Laursen, CEO of Suez Canal Container Terminal (SCCT), visit Marcopolis.net http://www.marcopolis.net/the-suez-canal-container-terminal-scct-the-leading-container-terminal-on-the-suez-canal-1609.htm
- published: 18 Jan 2015
- views: 461
2:41
Giant cargo ship stuck in Egypt's Suez Canal could take 'weeks' to free
A giant cargo ship has been stuck in Egypt's Suez Canal for the past three days. It's blocking one of the world's busiest trade routes. For access to live and e...
A giant cargo ship has been stuck in Egypt's Suez Canal for the past three days. It's blocking one of the world's busiest trade routes. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world’s most important maritime trade chokepoints isn’t set to break free just yet.
The Ever Given, a 220,000-ton mega ship nearly a quarter-mile long with a 20,000 container capacity, ran aground after being blown by strong winds while entering Egypt’s Suez Canal from the Red Sea. It’s completely blocked the passageway that is home to as much as 12% of the world’s seaborne trade and through which 50 container ships normally transit per day.
Tugboats and dredgers are currently working to dislodge the ship, which has been stuck since Tuesday evening. But the operation could take weeks, one of the executives involved has warned.
“While we believe and hope the situation will get resolved shortly, there are some risks of the ship breaking,” JPMorgan strategist Marko Kolanovic wrote in a note Thursday. “In this scenario, the canal would be blocked for an extended period of time, which could result in significant disruptions to global trade, skyrocketing shipping rates, further increase of energy commodities, and an uptick in global inflation.”
The crisis is another blow to the global supply chain after a brutal year ridden with delays, shortages and price squeezes on the back of the coronavirus pandemic.
What does this mean for global trade?
The shipping delays could impact everything from the clothes and shoes you ordered online to gym equipment, electronics, food, and energy supplies — meaning gas prices could get higher, too.
“Suez Canal container blockage to further rattle global supply chains, to drive pricing higher given pent-up demand,” analysts at JPMorgan said in a research note Thursday.
The man-made Suez, at 120 miles long, is a key transit point connecting East to West. And the 20,000 ships that pass through it yearly transport everything from oil and gas to machine parts and consumer goods.
While it’s still early to say what the full impact of the tanker crisis will be, the bank expects that in the near term, “the blockage is likely to add to industry supply strains, which are already hampered by ongoing supply chain bottlenecks″ in the form of port congestion and shortages of both vessels and containers due to Covid-19.
Ships are going to have to shift to entirely different routes, “will result in longer voyage times and causing further delays,” JPMorgan wrote.
And those delays could be more than 15 days for many ships, whose alternative is sailing around the Cape of Good Hope at the southern tip of Africa, which analysts say would increase shipping times by up to 30%.
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https://wn.com/Giant_Cargo_Ship_Stuck_In_Egypt's_Suez_Canal_Could_Take_'weeks'_To_Free
A giant cargo ship has been stuck in Egypt's Suez Canal for the past three days. It's blocking one of the world's busiest trade routes. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world’s most important maritime trade chokepoints isn’t set to break free just yet.
The Ever Given, a 220,000-ton mega ship nearly a quarter-mile long with a 20,000 container capacity, ran aground after being blown by strong winds while entering Egypt’s Suez Canal from the Red Sea. It’s completely blocked the passageway that is home to as much as 12% of the world’s seaborne trade and through which 50 container ships normally transit per day.
Tugboats and dredgers are currently working to dislodge the ship, which has been stuck since Tuesday evening. But the operation could take weeks, one of the executives involved has warned.
“While we believe and hope the situation will get resolved shortly, there are some risks of the ship breaking,” JPMorgan strategist Marko Kolanovic wrote in a note Thursday. “In this scenario, the canal would be blocked for an extended period of time, which could result in significant disruptions to global trade, skyrocketing shipping rates, further increase of energy commodities, and an uptick in global inflation.”
The crisis is another blow to the global supply chain after a brutal year ridden with delays, shortages and price squeezes on the back of the coronavirus pandemic.
What does this mean for global trade?
The shipping delays could impact everything from the clothes and shoes you ordered online to gym equipment, electronics, food, and energy supplies — meaning gas prices could get higher, too.
“Suez Canal container blockage to further rattle global supply chains, to drive pricing higher given pent-up demand,” analysts at JPMorgan said in a research note Thursday.
The man-made Suez, at 120 miles long, is a key transit point connecting East to West. And the 20,000 ships that pass through it yearly transport everything from oil and gas to machine parts and consumer goods.
While it’s still early to say what the full impact of the tanker crisis will be, the bank expects that in the near term, “the blockage is likely to add to industry supply strains, which are already hampered by ongoing supply chain bottlenecks″ in the form of port congestion and shortages of both vessels and containers due to Covid-19.
Ships are going to have to shift to entirely different routes, “will result in longer voyage times and causing further delays,” JPMorgan wrote.
And those delays could be more than 15 days for many ships, whose alternative is sailing around the Cape of Good Hope at the southern tip of Africa, which analysts say would increase shipping times by up to 30%.
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» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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- published: 26 Mar 2021
- views: 854810
4:10
Get to know about One Logistics Cargo Egypt - Introduction
* Get to know about One Logistics Egypt - our services, mission, type of cargo, freight transporting methods, our contact and address.
* Shipping from / to Egyp...
* Get to know about One Logistics Egypt - our services, mission, type of cargo, freight transporting methods, our contact and address.
* Shipping from / to Egypt / worldwide countries - from any country to another supported by strong universal network and agencies who can provide all types of freight forwarder, logistics services, supply chain services.
* You may contact us or visit our website to check out the latest information and news about logistics, shipping and customs.
#freight #shipping #Cargo #Customs #Fiata
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https://wn.com/Get_To_Know_About_One_Logistics_Cargo_Egypt_Introduction
* Get to know about One Logistics Egypt - our services, mission, type of cargo, freight transporting methods, our contact and address.
* Shipping from / to Egypt / worldwide countries - from any country to another supported by strong universal network and agencies who can provide all types of freight forwarder, logistics services, supply chain services.
* You may contact us or visit our website to check out the latest information and news about logistics, shipping and customs.
#freight #shipping #Cargo #Customs #Fiata
Join our group : https://facebook.com/groups/504309300358511
Facebook : http://onelogisticseg.com/contact-us
website : www.onelogisticseg.com
Email : info@onelogisticseg.com
Contact us : http://onelogisticseg.com/contact-us/
- published: 27 Nov 2020
- views: 153