Logistics Viewpoints
JULY 26, 2024
The canal is a key source of revenue for the government of Egypt, and it is one of the country’s top earners of foreign currency. Current traffic levels are less encouraging, and suggest that FY 2024/25 numbers will be even lower unless the security situation improves. Secretary of Transportation Pete Buttigieg broke ground on a $1.6
EnVista
MARCH 26, 2021
On Tuesday, March 23, 2021, a cargo ship became wedged in the Suez Canal near Suez, Egypt, halting marine traffic from one of the busiest waterways in the world. The 224,000-ton vessel measuring nearly four football fields in length, suffered poor weather conditions including 40-knot winds and a sandstorm that caused low visibility.
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Enterra Insights
MARCH 29, 2021
Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway. A journey from the Suez Canal in Egypt to Rotterdam, in the Netherlands — Europe’s largest port — typically takes about 11 days.
The Logistics & Supply Chain Management Society
JANUARY 3, 2023
Cargo Owners for Zero Emissions Vessels (coZEV) launched the Roadmap to 2040 which includes the creation of a new maritime freight buyers alliance, a cargo owner policy coalition, and a green corridor advisory board to enable full decarbonisation of ocean freight.
BlueYonder
AUGUST 6, 2013
Logistics planners would readily tell you that this is not a surprise; such imbalances are a reality in the cargo industry. Countries such as South Africa, Egypt and Nigeria can lead the way by tackling corruption and introducing faith in their institutions.
Resilinc
MARCH 28, 2023
While in 2022 Pakistan received oil supplies from Qatar, Nigeria, Egypt, and Italy, this year supplies from Nigeria and Qatar are set to fall. Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. Going forward, Pakistan plans to increase LNG supplies from Egypt to soften the impact of the shortages.
GlobalTranz
APRIL 22, 2015
Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides. Examples of this fundamental progress include the invention of the sea cargo container and the creation of novel service systems during the 20th century.
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