Ever Given saga fails to prevent Suez Canal record year

Date Added: 26 January 2022

Ever Given saga fails to prevent Suez Canal record year

Having experienced difficulties with our ocean freight forwarding services as a result of the Ever Given blocking the Suez Canal last year, we note that the Suez Canal Authority has announced that more ships traversed the Suez Canal in 2021 than ever before, adding that it expects volumes to continue to rise this year and again after a project to expand the waterway is completed.

The SCA said that the Suez Canal generated USD6.3 billion in fees from 20,694 ships passing through in 2021, and it expects that volumes will be higher in 2022, despite a 6% increase in toll charges from February.

A project to widen and deepen the Suez Canal is underway and will be completed by July 2023, which will allow as much as 28% more vessels to pass through the key strategic waterway.

We can only hope that there is no repeat of last year’s incident and the chaos that it caused.

For more information about Davies Turner’s ocean freight forwarding and logistics services, please contact ocean@daviesturner.co.uk or visit https://www.daviesturner.com/ocean

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