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Home›Green Marine›Suez Canal shut down – heavy blow for the shipping industry
Green Marine

February 8, 2011 · about 15 years ago

Suez Canal shut down – heavy blow for the shipping industry

A potential Suez Canal shut down, caused by the civil unrest in Egypt, would have a severe impact for the container shipping industry, according to the shipping analyst company Alphaliner. A closure is highly unlikely as the traffic through Suez generates badly needed money for the Egypt public trea

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A potential Suez Canal shut down, caused by the civil unrest in Egypt, would have a severe impact for the container shipping industry, according to the shipping analyst company Alphaliner. A closure is highly unlikely as the traffic through Suez generates badly needed money for the Egypt public treasury. But what if a shut down becomes a reality? How much would it cost the shipping industry, and the container shipping industry in particular? The quick answer is a considerable amount of money.

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