Egypt estimated the losses due to the blockade of the Suez Canal

News

Egypt estimated the losses due to the blockade of the Suez Canal

29.03.2021 News

Egypt is losing about $ 14 million a day due to the blockade of the Suez Canal by the giant container ship Ever Given. The head of the Suez Canal Osama Rabi in an interview with eXtra News stated this.

It is difficult to calculate the exact amount of losses, as the fees that Egypt charges for the passage of the canal vary depending on the size of the vessel and cargo, said Rabi.

He also said that because of the use of dredgers managed to extract 27 thousand cubic meters of sand at a depth of 18 meters. Dredging works are underway, said Rabi.

Also, the head of the department said that the day before 12 tugs tried to pull the container ship: some tugs were pulling the ship from the bow, some were pushing the stern. Two more tugs came to their aid.

At the same time, every day during which the most important transport artery remains blocked costs the world economy nine billion dollars, experts estimate. This is a significant loss, given its condition during a coronavirus pandemic.

Other articles

  • Ukraine creates conditions for the development of hydrogen electric transport
    News

    Ukraine creates conditions for the development of hydrogen electric transport

    The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]

  • PrivatBank warned about a new fraud
    News

    PrivatBank warned about a new fraud

    PrivatBank warns users about a new fraud scheme that uses a fake website and at the same time the bank’s logo. This was reported by the press service of the Bank. It is noted that the Bank’s security service found the site p-invest.site, which was registered by unknown individuals in the United States and which […]

  • The Rada assessed the scale of corruption in Ukrzaliznytsia
    News

    The Rada assessed the scale of corruption in Ukrzaliznytsia

    In 2020, corruption caused JSC Ukrzaliznytsia 8 billion hryvnias in losses. The head of the Temporary Investigation Commission of the Verkhovna Rada on UZ Yulia Hryshyna with reference to NABU data announced this. “NABU has carried out significant analytical work on Ukrzaliznytsia’s procurement. Detectives estimated Ukrzaliznytsia’s losses from corruption in procurement at UAH 8 billion […]

  • Shmygal announced an area for investment of 10 billion euros
    News

    Shmygal announced an area for investment of 10 billion euros

    The development of critical materials could attract billions of euros in investment in Ukraine, according to Prime Minister Denis Shmygal. He said this at a summit conference on the strategic partnership between Ukraine and the EU on critical raw materials and batteries. “Ukraine creates conditions for attracting investors. The current rules of access to subsoil […]

  • About 2,500 Boeing 737s will be tested for malfunction
    News

    About 2,500 Boeing 737s will be tested for malfunction

    The US Federal Aviation Administration (FAA) has ordered the state airline to inspect about 2,500 Boeing 737 aircraft for defective relays and cabin pressure drops. “An undetected failure of both relays could slow the crew’s detection of insufficient cabin pressure and result in the crew losing their ability to work due to hypoxia and, as […]

  • Shmygal: 100 billion euros are needed to reduce emissions
    News

    Shmygal: 100 billion euros are needed to reduce emissions

    To reduce emissions to 35% of 1990 levels, Ukraine needs more than 100 billion euros in capital investment over 10 years, according to Prime Minister Denis Shmygal. “We have been actively involved in shaping the Ukrainian green exchange rate, which we want to synchronize with the European green exchange rate, and we make a lot […]

  • The Verkhovna Rada adopted a law on the gas market debts
    News

    The Verkhovna Rada adopted a law on the gas market debts

    At its session held on Wednesday, July 14, the Verkhovna Rada adopted by 303 votes the law 3508-d, concerning the restructuring of debts for gas and its transportation services to heat and power companies. The document also regulates the debts of regional gas and regional gas sales, provides for the restructuring of debts of water […]

  • Amazon will develop cloud technologies in Ukraine
    News

    Amazon will develop cloud technologies in Ukraine

    Amazon Corporation will work in Ukraine in the field of cloud technologies. Minister of Digital Transformation Mikhail Fedorov in the Telegram announced this. The Minister stated that a memorandum of cooperation had been signed with Amazon. “Another global technology giant has started operating in Ukraine. The beginning of our cooperation is a positive signal to […]

Read also

Egypt estimated the losses due to the blockade of the Suez Canal
News

Uber stops developing a car without a driver

On Monday, December 7, Uber and startup Aurora Technologies announced an agreement under which Aurora will take over Uber’s Advanced Technologies Group, which has been developing self-governing cars. Under the terms of the agreement, Uber will receive $ 400 million, 26% of Aurora shares, and the general director of the taxi service, Dara Khosrowshahi, will […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

TikTok has sued the Trump administration due to the ban on activities in the United States

TikTok and one of its employees sued the administration of US President Donald Trump on Monday, because of his decree of a banning video service transactions in the United States, calling it a reason to incite anti-Chinese rhetoric as he seeks to win the election. TikTok Company of Culver City, California, and its Chinese parent […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Facebook sees the potential for earning money on online sports events

Facebook’s creative team continues its efforts to increasingly monetize its huge audience of more than 2.85 billion active users per month and 1.8 billion active users per day. Facebook’s current plans are to improve the monetization of its Facebook Live product for online broadcasts of events by connecting more paid sports content. Facebook says it […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Shares of US tech giants appeared on the Ukrainian stock exchange PFTS

Shares of large American technology companies – Microsoft, AMD, Visa, Tesla, Netflix and Facebook – have been admitted to trading on the Ukrainian stock exchange PFTS. This was reported by the press service of the exchange. According to the results of April 15, the quotations (best bid) of the mentioned shares are as follows: Microsoft […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

The National Bank revoked the license of the Premium bank

National Bank of Ukraine adopted a decision to revoke the banking license and liquidate the PJSC CB “Premium” for  violation of banking legislation in the sphere of financial monitoring. This is stated in the resolution of the National Bank № 68 / BT, dated February 10, 2016, said the press service of the regulator. “The […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Mondelis Ukraine will export its products to The EU and the Arab world

Mondelis Ukraine company (Kraft Foods Inc.) has invested $ 9 million in the purchase of new technical equipment for Trostiyanetska chocolate factory and started export of its products in 12 EU countries. The company also plans to increase the quantitative measure of the supply on the European market and in the countries of the Arabian […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Nine people have become billionaires thanks to COVID vaccines

The invention and distribution of coronavirus vaccines have made nine people billionaires. Euronews reported this with reference to the data of non-governmental organizations. “Nine new billionaires have a combined net worth of $ 19.3 billion, which is enough to fully vaccinate all people in low-income countries 1.3 times. Meanwhile, those countries have received only 0.2 […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

The new owner of Boguslavskiy zavod prodtovariv and fish processing plant Vohni Hestii will be Fozzy Group

One of the biggest Ukrainian trade and industrial groups Fozzy Group, which is a part of PJSC Holding Invest (Kyiv), has received permission from the Antimonopoly Committee for the purchase of Boguslavskii zavod prodtovariv (Kyiv region, city Bohuslav) and a plant for fish processing Vohni hestii (legal address – Kyiv, physical address – Zhytomyr). This […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

DiDi taxi service is planning the IPO on the Hong Kong Stock Exchange in 2021

The taxi service of the international Chinese company DiDi Chuxing intends to conduct the initial public offering (IPO) on the Hong Kong Stock Exchange. As reported by Reuters on Tuesday, citing sources, this may happen in the first half of 2021. By the time of the IPO, the estimated value of DiDi will be more […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

In France, Google was fined € 500 million

In France, the antitrust regulator has fined Google € 500 million, according to the regulator’s press service. “The regulator has fined the company for non-compliance with several court rulings issued in April 2020,” the statement said. Agence France-Presse writes that the fine was imposed for “the corporation did not properly negotiate with the publishers of […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Who will become the new manager of Novus?

Ukrainian Network of supermarkets Novus gets a new CEO in the person of Mark Petkevich. His predecessor, Ihor Landa is leaving the post. The new ruler of Novus Ukraine, which has held the position of executive director of the network since September 2015, will enter the status of the General on January 19 this year. […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Tesla has tripled insurance payments to Elon Musk

Tesla Inc. paid its chairman and founder, Elon Musk, $ 3 million in compensation for D&O insurance to defend, settle disputes, or make court decisions. This was reported by Insurance Business. This insurance covers the expenses of the members of the board of directors, which are not included in the general expenses of the top […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Prosecutor’s office has exacted 20 million UAH from the company Ukrspyrt

Workers of Gorodetsk local prosecutor’s office (Ukraine, Lviv region) have exacted 20 million UAH from the Ukrainian State Enterprise Ukrspyrt. This was reported to Ukrainian media by representatives of  the press service of control authority. According to provided information, the manufacturer of alcoholic beverages was fined in connection with the unauthorized extraction of water for […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Hungarian businessmen are ready to develop Ukrainian winemaking

Hungarian businessmen interested in the wine industry in Ukraine. They are willing to invest and develop the wine industry with a view to the sale of Ukrainian wines in Europe. This interest was announced during a meeting of Taras Kutovoy, the Minister of Agrarian Policy of Ukraine and Industry with Erno Keshkenom, Hungarian Ambassador to […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Gasoline went up quietly

Already in the first days of 2017 tariffs on gasoline and diesel fuel have risen slightly. Such data are provided by leading Ukrainian company Consulting Group A-95, which conducts professional study of the market of petroleum products. Prices for gasoline and diesel fuel rose within 1.6%, and liquefied petroleum gas, on the other hand, fell […]

Next
Egypt estimated the losses due to the blockade of the Suez Canal
News

Alibaba Group will own MoneyGram

Ant Financial company within the framework of a public company Alibaba (China), announced about the final stage of the USA financial company asset acquisition procedures MoneyGram International, specializing in international trade transactions online, as reported Inventure. The Chinese side intends to complete the transaction in the third or fourth quarters of 2017, after the approval […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com