article thumbnail

Russia’s Arctic Expansion: The Future of Global Shipping

SCMDOJO

Additionally, new shipping lanes are opening up, and Russia has a grand plan to become the biggest beneficiary of climate change in the region. Despite its efficiency, the volume of shipping along this route is negligible compared to the other two options.

Russia 106
article thumbnail

The Consequences of Supply Chain Constipation

Enterra Insights

Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway. A journey from the Suez Canal in Egypt to Rotterdam, in the Netherlands — Europe’s largest port — typically takes about 11 days.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Egypt Waves Goodbye to Suez Canal Saga With Payoff and a Party

Supply Chain Brain

For a nation that provides safe passage for so many ships through its waters, Egypt is reserving rather special treatment for the Ever Given.

Egypt 119
article thumbnail

Industry Insights: Cargo Vessel Blocks Suez Canal - Impact on Supply Chain

EnVista

On Tuesday, March 23, 2021, a cargo ship became wedged in the Suez Canal near Suez, Egypt, halting marine traffic from one of the busiest waterways in the world. Attempts to refloat the vessel, called Ever Given, in the following days were unsuccessful and authorities are now focused on removing sand and mud surrounding the ship.

Cargo 52
article thumbnail

An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

Shipping Routes: Clydebank Declaration. Signatories to the so-called Clydebank Declaration agreed to collaborate to support the creation of green shipping corridors between two or more port pairs. Carriers will be incentivised or obliged to service these maritime routes only with zero emission ships.

article thumbnail

COP27 attempts to Steer Shipping Industry to New Direction.

All Things Supply Chain

The most recent (COP27) was held in Sharm El-Sheikh, Egypt between Nov 6, 2022 – Nov 18, 2022. The importance of COP27 is now being recognized as this is the…

Egypt 95
article thumbnail

Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

While in 2022 Pakistan received oil supplies from Qatar, Nigeria, Egypt, and Italy, this year supplies from Nigeria and Qatar are set to fall. Going forward, Pakistan plans to increase LNG supplies from Egypt to soften the impact of the shortages. Consider this: in January 2022, globally Qatar exported 7.2M tons and Nigeria exported 1.5M

Asia 62