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Suez Canal expansion - update!

12.08.2014

Hereby a small update of the recent news from Egypt in respect to their expansion plans.

If you have an interest in the new (mega) Suez project announced last week by President Al-Sisi, we recommend you to take a short look at the below youtube video. Despite the Arabic language the animation, especially from min 5.43 and onwards gives you a look into the idea of how the traffic will be organized.

Feature (in short) for the project:
• Both channels will have a maximum draft of 66 feet.
• Transit time will be around 11 hours
• The New channel will start from KM 61 to KM 95 total length developments 72 KM
• Develop El Ballah by-pass and Great Bitter Lakes areas (vessels anchor positions)
• New developments will allow for both convoys to pass through Suez Canal at the same e
• Daily average and Suez Canal capacity expecting to be increased up to 97
• Developments duration should be 3 years

A short update form our own statistics from our last 2300 vessels Leth Suez has assisted through the Suez Canal, the average elapsed time has been as follows;

Southbound 1240 vessels
From arrival until departure (=total time spent including waiting for the convoy): 27.7 hours
Transit time (from entering to exiting the Canal): 13.1 hours

Northbound 1060 vessels
From arrival until departure (=total time spent including waiting for the convoy): 26.3 hours
Transit time (from entering to exiting the Canal): 11.5 hours

If you are interested in more info, kindly let us know.