Suez Canal Lifeline for International Trade Suez Canal Authority Crisis Management of Suez Canal Obstruction by Ever Given Container Ship March 2021 Suez Canal The Suez Canal is an artificial sea-level waterway running north to south across Egypt to connect the Mediterranean Sea and the Red Sea. The Suez Canal is one of the most important waterways in the world. It is one of the world's most heavily used shipping lanes. The canal is extensively used by modern ships, as it is the fastest crossing from the Atlantic Ocean to the Indian Ocean. Tolls paid by the vessels represent an important source of income for the Egyptian government. Suez Canal The dredging of the canal took almost 10 years using Egyptian labor, and it was opened for navigation for the first time in 17 November 1869. Its depth was about 8 meters and the largest ship load that can pass through was 5000 tons. The ship draft reached 66 feet by 2010. This stage is taking all container vessels as well as taking all bulk vessels worldwide. Suez Canal Lifeline of International Trade Approximately 12% of global trade passes through the Suez canal. 7-10% of the world’s oil passes through the Suez canal. 8% of liquefied natural gas passes through the Suez canal . 30% of global container traffic traverse the Suez canal Over USD $1 trillion worth of goods per annum. Suez Canal Authority SCA, established on July 26th, 1956, is a public and an independent authority of a juristic personality. It has all the authorities needed for running the Canal without being limited by the laws and the systems of the government. The SCA manages, operates, uses, maintains and improves the Canal. It is the SCA, alone and exclusively, that issues and keeps in force the rules of navigation in the Canal and other rules and regulations that provide for a well and orderly run canal. Ever Given One of the largest container ships in the world. Owned by Shoei Kisen Kaisha, Japan Operated by container transportation and shipping company Evergreen Marine, Taiwan. Ever Given is registered in Panama Technical management is the responsibility of the ship management company Bernhard Schulte, Germany Ever Given Ever Given Length 399.94 m Beam 58.8 m Depth 32.9 m Speed 22.8 knots Capacity 20,124 TEU Crew 25 Ever Given Route From: Singapore To: Rotterdam This route saves: 3,300 Nautical mile = 10 Days + USD 400,000 The Incident Early on March 23, 2021 at 05.10 am EVER Given moved north in the Suez Canal. At 05.45 am, Ever Given ran aground the Suez Canal. The vessel deviated from the waterway and run aground, ending up with its bow wedged in one bank of the canal and the stern nearly touching the other. Accident details: At a glance Type of accident: Grounding Vessel involved: Ever Given Type of Vessel: Container ship Date: 23 March 2021 Time: 05.45 am Local time Place: Suez Canal, Egypt Fatalities: No Pollution: No Delta 5 Code Suez Canal Crisis Management Code The Five Stages of Crisis Management • Stage 1: Recognizing the Crisis. • Stage 2: Initial Response. • Stage 3: Managing the Situation. • Stage 4: Creating Flexibility in Pre-recovery. • Stage 5: Time to Recover. Delta 5 Code Stage 1: Recognizing the Crisis nnnnnnnn Delta 5 Code Stage 2: Initial Response nnnnnnnn Delta 5 Code Stage 3: Managing the Situation nnnnnnnn Delta 5 Code Stage 4: Creating Flexibility in Pre-recovery nnnnnnnn Delta 5 Code Stage 5: Time to Recover nnnnnnnn Suez Canal The Suez Canal is an artificial sea-level waterway running north to south across Egypt to connect the Mediterranean Sea and the Red Sea. The Suez Canal is one of the most important waterways in the world. It is one of the world's most heavily used shipping lanes. The canal is extensively used by modern ships, as it is the fastest crossing from the Atlantic Ocean to the Indian Ocean. Tolls paid by the vessels represent an important source of income for the Egyptian government. Ever Given Crisis Want to watch Timeline of the Ever Given crisis management by Suez Canal Authority on YouTube? Please, follow this link https://www.youtube.com/watch?v=kbSSt1VvtqM References: Suez Canal Authority https://www.suezcanal.gov.eg/English/Pages/default.aspx/ Evergreen Marine Company https://www.evergreen-marine.com/ Reuters - News agency company https://www.reuters.com/world/ YouTube - Video sharing company https://www.youtube.com/ CNN - Media company https://edition.cnn.com/ 21