Nothing worked anymore: the “Ever Given” blocked the Suez Canal for six days in March. And yet record sales are now being reported.
Despite the days of blockade by the container ship “Ever Given”, the Suez Canal achieved record sales in the first half of this year. The canal authority announced that more than 9,700 ships had passed through the waterway between January and June, around 200 more than in the same period of the previous year.
During this period, the agency achieved sales of around three billion dollars (2.5 billion euros) – an increase of 8.6 percent compared to the first half of 2020. Usama Rabi, Chairman of the Canal Authority, spoke about sales in the 2020/2021 financial year. of the highest in the history of the canal.
The “Ever Given” is one of the largest container ships in the world and ran aground in the Suez Canal in March. The 400 meter long freighter blocked the important waterway between Asia and Europe for six days. Because of the blockade, Egypt demanded damages of 550 million dollars (463 million euros) from the Japanese owners. Only after an out-of-court settlement was the “Ever Given” able to continue its journey last week.
The analysis firm Refinitiv has calculated that the canal authority lost transit fees of $ 16 million daily and a total of $ 96 million as a result of the blockade. The canal authority apparently adjusted the fees it charged for the passage after the blockade. According to Rabi, the number of passages and customer confidence were maintained through “flexible marketing and pricing”.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
