Fill the tank ! What if the Suez Canal does not reopen? – EconomyMorning

The Suez Canal is no small feat. It is an essential artery of world trade, and this artery is blocked.

It’s a heart attack.

The problem ?

You must be aware!

A huge container ship got in the way and blocked the whole canal.

At some point, however, we will have to tell us how one of the largest merchant ships in the world got in the way of one of the most important waterways in the world.

I would like to know.

For the moment, the official explanation would be that there would have been a gust of wind… Sacred gust all the same!

It could also be that the company ambushed the former commander of the Costa Concordia …

In short, when the gust has finished blowing and the dust and sand of the Egyptian desert have settled, we may know what happened.

In the meantime, the Suez Canal is blocked.

12% of world trade can no longer pass.

If this lasts more than a few days, it will show up in our already hard hit logistics chains, already quite disrupted by the pandemic.

And the latest news was not good.

Suez Canal: clearing the container ship could take “weeks”

According to AFP, “ Egypt was trying this Thursday March 25 to clear a giant container ship which has blocked navigation on the Suez Canal, a key trade route between Europe and Asia, since the day before, an incident that could slow down global maritime traffic even further. some time.

On Thursday, the Egyptian Suez Canal Authority (SCA) announced that maritime traffic was “temporarily suspended” until the Ever Given, the 400-meter vessel blocking the waterway, was refloated.

Clearing the giant container ship could take “days or even weeks,” said the executive director of Royal Boskalis, parent company of the Dutch company whose experts were to be on site Thursday. “It’s really a very heavy whale on the beach, so to speak,” said Peter Berdowski, interviewed on a talk show on Dutch public television on Wednesday evening.

According to an evolving map from the Vesselfinder site, dozens of ships wait at both ends of the canal and in the waiting area in the middle of the canal.

Several tugs dispatched by the Suez Canal Authority (SCA) have been trying to free the giant from the seas since Wednesday morning. On Thursday, a maritime source added that authorities sent a dredge to the scene of the incident. For its part, the Japanese company Shoei Kisen Kaisha, owner of the container ship announced Thursday that it was working with the canal authorities for the refloating, but that the operation was “extremely difficult”.

Chain effects …

Because if it lasts and goes on forever, there are dozens of ships whose cargo will never arrive on time, thousands of containers that will fail to fill and return them, it is the entire “supply chain”. world which will be durably impacted by this new “blow”.

The world is already affected by multiple shortages in almost everything.

We are here potentially facing a Black Swan.

These highly improbable events with incalculable consequences.

Because a savvy man is worth two, and a prepared man is worth four, you can always fill up the car and one or two more cans, because my little finger tells me, the pump, the prices will go up. Oil goes through the seas. Tankers pass through the Suez Canal to supply Europe. The super tankers themselves, make terrible oil slicks, but also go around the Cape. Yet they all come out of the Persian Gulf.

As shits fly in squadron, as the law of maximum hassle seems to really apply in our world for over a year now, I think it would be a good time to blow up some tankers in the Gulf!

Cargo shipwrecked: Suez Canal traffic cut off for several weeks?

– LCI (@LCI) March 25, 2021

On this video below from LCI, big “conspiratorial” doubts are expressed on the theory of the gust of wind !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Keep this information well, you’ll see, those who say so in a few weeks will be called naughty conspiratorial fans!

The smooth running of international trade disrupted by a container ship crossing the Suez Canal. Globalization holds for little … #PartiPris @ 24hPujadas @LCI

– PERRI (@pascalperri) March 25, 2021

??? FLASH – David vs. Goliath: An excavator clears sand and mud day and night from the bow of Ever Given, which continues to block 12% of global maritime trade by obstructing the Canal de #Suez. (BBC /? Reuters) #EVERGIVEN

– Mediavenir (@Mediavenir) March 25, 2021

Global traffic jam: a 400-meter container ship is currently blocking the #Suez, one of the busiest trade routes in the world, preventing all traffic. More than 100 ships are waiting to be able to pass.

– French Info (@InfosFrancaises) March 24, 2021

Stay tuned.

It is already too late, but all is not lost. Prepare yourselves !