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Jakarta, CNBC Indonesia – An unusual incident occurred in the Suez Canal, Egypt. In this canal that connects the Red Sea and the Mediterranean Sea, the giant container ship Ever Given, with a capacity of 20,000 20-foot containers, ran aground and blocked the entire sea route on Tuesday (23/3/2021)
This incident led to long lines due to traffic jams and the canal was temporarily closed. Some boat companies have even decided to make a detour through South Africa, where the trip can take around a week.
So far, authorities have done everything they can to get the up to 400-meter long freighter back to float. In fact, at least several tugs were deployed to tow the 400-meter behemoth. However, so far there have been no significant changes regarding the position of the ship.
According to shipping experts, it takes days or even weeks to get a boat of this size back to float. Imagine how annoying this accident is.
In fact, based on data compiled by shipping management company Lloyd List, the giant ship incident could contain around $ 400 million or about Rs 5.7 trillion (assuming Rs / US $ 14,000) per hour at trade. This figure is based on the estimated value of the goods that move through Suez on a daily basis.
Lloyd estimated the westbound canal traffic to be around US $ 5.1 billion (Rs 73.7 trillion) per day. Eastbound traffic is around US $ 4.5 billion (Rs 65 trillion) a day.
Photo: AP /
This photo released by the Suez Canal Authority on Thursday, March 25, 2021, shows the Ever Given, a Panama-flagged freighter, after it got stuck in the Suez Canal and blocked traffic on the vital waterway. An operation is underway to try to free the ship trapped in Egypt’s Suez Canal, further endangering global shipping on Thursday as at least 150 other vessels needed to pass through the waterway. Crucially remained idle waiting for the obstruction to clear. (Suez Canal Authority via AP) |
Furthermore, Ever Given’s blocking of all traffic in Suez could have a major impact on global shipping moving between the Mediterranean and the Red Sea. Inside the closed canal, at least 10 tankers carrying 13 million barrels of crude oil could be affected by the ban, according to oil analysis firm Vortexa.
As a result, the price of oil has shot up 2% due to the incident. Brent crude for delivery in May rose 2.1% to US $ 62.09 per barrel (Rp 897 thousand), after previously falling by 5.9% and reaching the lowest level of US $ 60.50 ( Rp 874 thousand).
Meanwhile, the West Texas Intermediate (WTI) crude oil futures price for May delivery rose 2% to US $ 58.95 (Rp 851 thousand) per barrel, after falling 6.2% in the previous session. .
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