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According to foreign media reports, Osama Rabie, president of the Suez Canal Authority (SCA), told Egyptian media that Egyptian President Abdel Fattah al-Sisi has issued an order to withdraw the “long concession”. Some containers on the freighter are ready, and there are currently 18,300 containers on board.
According to local media reports, Osama Rabbi said on 28 local time that there are currently 369 vessels awaiting navigation in the Suez Canal, including dozens of container ships, bulk carriers, oil tankers and LNG vessels and LPG vessels.
On the 23rd, the heavy freighter “Long Give” ran aground in the Suez Canal.
The Suez Canal Authority has proposed three rescue plans, all of which are proceeding simultaneously.
One is towing with tugboats with strong traction, which is the main method today.
The second is to clean the sand in the beached area.
The third is to reduce the weight of the beached freighter, that is, unload part of the container, but this will incur additional costs and is not as easy as you imagined.
On Sunday the 28th, the Suez Canal rescue team stepped up excavation and dredging work around the beached giant freighter. Two sources said the rock below the bow hampered the rescue work.
On the same day, the Suez Canal Authority stated in a statement that the dredger had excavated 27,000 cubic meters of sand from the freighter on land to a depth of 18 meters.
Although canal officials and sources have stated that they hope to free the “Long-Ci” from running aground when the tide is high on Sunday and Monday, the latest statement did not mention any further attempts to use tugboats. Some experts analyzed that the best time for this stranded cargo ship to get out of trouble is the flood season from 28 to 29.
Freighter “Long Give” clogs all bidirectional channels of the Suez Canal
Taiwan’s Evergreen Shipping giant container ship “Long Ci” ran aground in the Suez Canal on the 23rd, causing the two-way canal to be blocked. According to foreign media reports, before the “Long Grant” ran aground, its sailing speed seriously exceeded the canal limit.
According to US media reports, 12 minutes before the ship ran aground, the speed was up to 25 kilometers per hour, much higher than the maximum speed limit of the canal. Captain Gillard, who has crossed the Suez Canal every month and has almost ten years of experience in the industry, said that in general, the faster the speed, the deeper the draft at the bow, which can cause trouble.
Approximately 15% of the world’s maritime transport passes through the Suez Canal, which is one of Egypt’s main sources of foreign exchange reserves. The stranding of a heavy freighter caused the suspension of the Suez Canal, resulting in daily economic losses of US $ 14-15 million on the canal.
After the freighter ran aground, the product tanker’s freight rate nearly doubled and several ships were forced to change routes. Furthermore, the blockage of the canal is also disrupting the global flow of LNG.
At present, the price of LNG is being affected by this issue and there has been a slow upward trend. Experts say: “If the lockdown lasts almost two weeks, approximately 1 million tonnes of LNG will be delayed in Europe.
Ana Boata, an analyst at Yuli Anyi Credit Insurance, predicts that blocking the Suez Canal can cause up to $ 10 billion in losses to the global economy every day.
If the lockdown continues, freight companies can change their freight routes to avoid the Cape of Good Hope, which means roughly two weeks of travel time and additional fuel costs.
A report by shipping giant AP Moeller Maersk indicated that as of now, the company has organized 15 ships to avoid the Cape of Good Hope. Previously, the company calculated that the time it takes for ships to avoid the Cape of Good Hope is equivalent to the current trip to the Suez Canal. Travel delay time.
The Suez Canal Authority stated that once the canal is released, they can accelerate the fleet through the canal.
(Compilation: Zixuan)Return to Sohu to see more
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