16-12-2017

Suez Canal sets new record with 74 vessel crossings on a single day

THE Suez Canal accommodated a record-setting 74 vessels in one day on Saturday December 9, according to Daily News Egypt.

Fifty vessels made the crossing from the north end of the canal carrying a total load of 3.1 million tonnes of cargo and 24 vessels transited from the south laden with 2.1 million tonnes of cargo.

Chairman of the Suez Canal Authority vice admiral Mohab Mamish pointed out that the Suez Canal recorded a combined ship total of 112 ships on Wednesday and Thursday last week for a total load of 6.6 million tonnes, reported American Shipper which cited the local media outlet.

According to Mr Mamish, Egypt is looking forwards to taking advantage of the large volume of goods crossing the canal annually by implementing the canal area's development project, which he described as being an ambitious national project to change the marine and logistics services map in the region.

He said the objective of the initiative is to create an attractive environment for investment by establishing industrial zones and investment projects.

Fifty-eight container shipping service loops utilise the Suez Canal, with an average vessel size of 10,378 TEU, whereas the Panama Canal is used by 31 container shipping services with an average vessel size of 5,960 TEU, according to data compiled by BlueWater Reporting.

Source: Schednet

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