The Suez Canal Is Still Closed, Is There An Alternative Route? Page all

SUEZ, KOMPAS.com – Shipping companies were forced to weigh alternative road options after major international trade traffic was blocked by giant containers, Ever Given.

The incident, which closed the Suez Canal, meant many ships had to take a torturous alternative route by turning around the southern tip of Africa.

Insider reports that according to analysts observing the situation, at least three container ships have changed course and are seen heading south.

The longer the delay lasts, it is believed that more ships will follow suit.

According to the editor Lloyd’s List, Michelle Wiese Bockman, Ever Greet, from the same company as the stranded Ever Given, changed course on Friday (26/3/2021).

The ship is listed as the first of hundreds of ships to make a decision since Ever Given was stranded.

Ever Given clogged up on Tuesday at around 7.40am local time. The situation required around 150 vessels on both sides of the canal to wait to pass according to reports A.P.

As a result, other ships that were still further away from the canal route began to consider alternative routes.

Also read: The Suez Canal: Here’s a Scenario That May Be Taken to Free Ever Given

Until Friday (26/3/2021) afternoon local time, efforts were still being made to release the ship from the edge of the canal.

Officials did not provide a definite time frame for when it might return to afloat.

The CEO of a specialist dredger, who was brought in to help with the release, said it “may take weeks.”

Gotta twist

Kpler commodity analysts already mentioned the route diversion plan in a statement on Thursday (25/3/2021).

“As delays continue, the sender will have to discuss an unpleasant decision, whether to turn back and head for the Cape of Good Hope (Cape of Good Hope, south of Africa) or wait in the Red Sea and Mediterranean.”

At the time, Kpler declared the possibility “inevitable,” given the extensive delays that would occur.

“Suez to Amsterdam at a speed of 12 knots only takes more than 13 days through the canal, but 41 days via the Cape of Good Hope,” he explained regarding a comparison of one of the possible alternative routes.

On Friday afternoon, the choice seemed to be getting more and more eye-catching.

Wiese Bockman not only noted the change in the direction of the Ever Greet. There are two other ships that have been diverted in the last four to 12 hours.

The additional costs of sailing through Cape of Good Hope are enormous.

Also read: 10 Suez Canal Facts: Birthplace of the Statue of Liberty, Badly Damaged by the War

Anoop Singh, head of tanker analysis based in Singapore at Braemar ACM, told The Wall Street Journal that detours can add up to the US $ 450,000 (Rp. 6.4 billion) cost of a regular trip.

The maximum length of the detour is about 15,000 miles. That distance if a ship sailed from Suez in the south of the canal to Port Said at the northern end without using the canal.

Most ship routes will differ from that and involve shorter detours.

Even so, Prof Rocky Weitz, director of the Fletcher Maritime Studies Program at the Fletcher School at Tufts University, says the more common detours are still thousands of miles away.

“The Cape of Good Hope route adds about 3,000 nautical miles to the Suez Canal route from the Indian Ocean to the North Atlantic, depending on the specific route taken by commercial vessels,” he told Insider.

While the cost implications of this depend on the type of ship.

Oil tankers will need an additional 300 hours to travel, while relatively fast container ships can take up to 150 hours.

Shipping companies will consider this alternative, with money that could have been saved using the Suez Canal.

Also read: Closed Suez Canal, 200 Ships Queued, Uncountable World Losses

Maersk, which has nine vessels currently choked on the canal, said in a statement that it was looking into all possible alternatives.

The last Suez Canal closed in 1967, when war broke out between Egypt and Israel. Since then, for eight years the ships passing through the canal have been forced to take detours.

The mega-container ship Ever Given, which is stranded on the Suez Canal, is estimated to hold around US $ 9.6 billion (Rp.138.3 trillion) in goods every day, according to shipping data reported. BBC.

The calculation is derived from an estimated total of US $ 400 million (Rp. 5.8 trillion) per hour generated in trade along the waterway, which is an important route between the east and west of the world.

Data from shipping experts Lloyd’s List shows that traffic to the west on the canal is around US $ 5.1 billion (73.5 trillion) per day, and daily traffic to the east is around 4.5 billion (Rp.64.8 trillion). .

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