New Effort To Float Suez Canal Stuck Container Ship
Contingency plans exist for 14 tugboats to arrive on Sunday to assist, if Saturday’s attempt fails.
\Clearly, the container ship is logistically very difficult to move, when you consider that it is 400 metres long, and 200,000 tonnes.
Why Is The Suez Canal Important?
$1 Trillion Dollars of trade pass through the passageway each year, including 50 ships per day totalling between $3-9 Billion dollars of cargo!
What Happens If It Doesn’t Work?
Firstly, this situation is not one that can allow to go unresolved..and it is almost certain to succeed.
However, the more likely outcome is that there could be a delay in clearing the Suez Canal from the container ship. This could lead to product shortages, pricing on products that are available, and, employment that relies on handling of imports and their logistics.