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The difference between the Suez Canal and the Panama Canal, which one is more profitable

In a photo released by the Suez Canal Authority, Ever Given, the Panama-flagged cargo ship is accompanied by a tug as it sails on the Suez Canal, Egypt, Monday, March 29, 2021. (Source: Suez Canal Authority via AP)

JAKARTA, KOMPAS.TV – As world shipping lanes, the Suez Canal in Egypt and the Panama Canal in Panama play an important role in the world of export-import trade.

Even though it must be subject to transit rates, ships passing through the two canals can certainly save time and money on the way.

However, there are some differences between the two most famous channels in the world.

Also Read: Marwa Elselehdar, Egypt’s First Female Ship Captain to Be Blamed for the Suez Canal Incident

And the following is the difference between the Suez Canal and the Panama Canal Frighwaves, Monday (5/4/2021).

1. How it works

In operation, the Suez Canal relies heavily on sea level tides on each side, namely the Port of Said in the Red Sea and the Port of Alexandria on the Mediterranean Sea.

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