The document discusses the importance and evolution of traffic through the Suez Canal. It notes that Suez Canal receipts are a key source of foreign currency for Egypt and have exceeded tourism and foreign investment receipts in recent years. Traffic through the canal has steadily increased since 1975 in terms of tonnage, though the number of vessels has slightly decreased. Around 25% of cargo tonnage passing through the canal is oil, oil products, and LNG. The depth of the canal has expanded over time and now exceeds that of the expanded Panama Canal, allowing it to accommodate all major vessel types.
The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea and the Red Sea. Opened in November 1869 after 10 years of construction, it allows ships to travel between Europe and eastern Asia without navigating around Africa thereby reducing the sea voyage distance between Europe and India by about 7,000 kilometres (4,300 mi). The northern terminus is Port Said; the southern terminus is Port Tewfik at the city of Suez. Ismailia is on its west bank, 3 km (1.9 mi) from the half-way point.[1]
When built, the canal was 164 km (102 mi) long and 8 m (26 ft) deep. After several enlargements, it is 193.30 km (120.11 mi) long, 24 m (79 ft) deep and 205 metres (673 ft) wide. It consists of the northern access channel of 22 km (14 mi), the canal itself of 162.25 km (100.82 mi) and the southern access channel of 9 km (5.6 mi).
Ang pagbubukas ng Suez Canal (THE OPENING OF SUEZ CANAL)hm alumia
ANG PAG USBONG NG NASYONALISMONG PILIPINO:
Ang pagbubukas ng Suez Canal
(THE OPENING OF SUEZ CANAL)
The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez, and separates the African continent from Asia. After 10 years of construction, it was officially opened on November 17, 1869. The canal allows ships to travel between Europe and South Asia without navigating around Africa, thereby reducing the sea voyage distance by about 7,000 kilometres (4,300 mi). It extends 193.30 km (120.11 mi) from the northern terminus of Port Said to the southern terminus of Port Tewfik at the city of Suez. In 2012, 17,225 vessels traversed the canal (47 per day).
The canal is a single-lane waterway with passing locations in the Ballah Bypass and the Great Bitter Lake. It contains no locks system, with seawater flowing freely through it. In general, the canal north of the Bitter Lakes flows north in winter and south in summer. South of the lakes, the current changes with the tide at Suez.
The canal is owned and maintained by the Suez Canal Authority[4] (SCA) of Egypt. Under the Convention of Constantinople, it may be used "in time of war as in time of peace, by every vessel of commerce or of war, without distinction of flag."
In August 2014, construction was launched to expand and widen the Ballah Bypass for 35 km (22 mi) to speed the canal's transit time. The expansion is expected to double the capacity of the Suez Canal from 49 to 97 ships a day. At a cost of $8.4 billion, this project was funded with interest-bearing investment certificates issued exclusively to Egyptian entities and individuals. The "New Suez Canal", as the expansion was dubbed, was opened with great fanfare in a ceremony on 6 August 2015.
https://en.wikipedia.org/wiki/Suez_Canal
Dcode EFC- key highlights of Egypt's BOP performanceDcode EFC
According to a recent press release by the Central Bank of Egypt (CBE), Egypt’s BOP recorded a net outflow of USD 3.64 bn in July-March 2015/16 compared to the same period in 2014/15. Such deterioration was due to a widening in the current account to record net outflow of USD 14.47 bn against USD 8.35 bn a year earlier. Whereas, the capital and financial account recorded net inflow of USD 13.91 bn up from USD 6.65 bn a year earlier. The presentation presents the key highlights.
The history of the Panama canal ideal for students worksheet included, this is part of a legacy left to us by the great engineers of the 18th and 19th Century.
The Marine industry faces substantial pressure: global trade has decelerated and commodity prices have declined, just as a prolonged shipbuilding cycle resulted in signifi cant overcapacity. The ensuing struggle for market share, via fi ercer competition and consolidation, underscores the need for greater effi ciency in shipping. Marine offshore is also under pressure, as the sharp decline in oil prices has changed the economics of the oil and gas industry. At the same time, large cohorts of experienced workers are set to retire in the next 5-10 years, posing the risk of a shortage of critical skills.
Microsoft word new base 659 special 06 august 2015Khaled Al Awadi
Attached FYI ( NewBase Special 06 August 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Egypt shows off $8bn new ‘gift’ to the world
• Oman: Wind Atlas maps sites for wind energy projects
• Gulfsands Petroleum announces half-year results - updates operations
• Indonesia: Pan Orient Energy reports on its Anggun Prospect
• Egypt: Hibiscus Petroleum and Pacific Oil awarded South East Ras El Ush concession
• Nigeria Backs Quick Cleanup of Half Century of Oil Spills
• Tanzania: Swala Energy consent to farm Kilosa-Kilombero and Pangani licences to Tata
• With crude at $50, oil firms fear deeper crisis than in 1980s
• Oil bulls’ hope dimmed as crude prices seen under $70 by 2020
• Oil price unlikely to recover as Saudi refining hits market
• Iran Faces Technical, Investment Hurdles
• What Global CEOs Will Encounter as They Seek to Profit in Iran
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Ports of Genoa: the Southern Gateway to EuropePorts of Genoa
I porti di Genova, Savona e Vado - riuniti nel nome Ports of Genoa - compongono il più importante polo portuale italiano in termini di volumi movimentati, diversificazione produttiva e valore economico, capolinea nel Mediterraneo del corridoio-Rhine Alpine: la porta di accesso da Sud all’Europa.
A presentation done by Mr Tino Hanabeb (Senior Manager Commercial: Namibian Ports Authority), at the Transport Forum SIG: "Visiting the port of Walvis Bay and the Launch of the Namibian Logistics Hub Forum" on 4 December 2014 in Walvis Bay, hosted by WBCG. The topic of the presentation was: "An Introduction to the Port of Walvis Bay".
Oman's economy performance during covid 19 - trade and seaports' performance ...MahmoodSakhi1
This report is an update of a series analyzing the Omani economic performance focusing on the trade and
seaports performance. The numbers are updated with the latest figures and revised forecasts based on
the latest data and information for the fourth quarter of 2021. In addition, the report analyzes how the
coronavirus pandemic has immensely affected the ports’ and economy’s overall performance as it did to
other countries. The report focuses on the Salalah and Sohar Port in addition to the general GDP and trade
performance.
IEA says oil transit through the Suez Canal do not face much risk despite the ongoing political crisis in Egypt. This is the fact sheet from the IEA supporting this assessment.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.
Suez canal
1. The Suez Canal Relative Importance to
Egypt and to the World
August 2015
2. § Why is the Suez Canal important to the Egyptian economy?
§ How has traffic through the Suez Canal been evolving since 1975?
§ How did the depth of the Canal evolve over time? And how does the current depth compare to
the Panama Canal?
§ How much is the Suez Canal reliant on international oil trade?
§ What are the top countries using the Suez Canal for trade (exports + imports)?
§ How would transit dynamics change after the opening of the parallel waterway (New Suez
Canal)?
§ Would the shorter transit time automatically translate into higher receipts?
Table of Contents
3. 0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
2009/10
2010/11
2011/12
2012/13
2013/14
USD
bn
Suez
Canal
Tourism
Foreign
Direct
Investments
SC
receipts
exceeded
tourism
receipts
in
2013/14
as
the
tourism
sector
was
adversely
affected
by
the
poor
security
situaIon
post
June
2013
SC
receipts
exceed
net
FDIs
in
2010/11
as
the
laKer
declined
sharply
post
Jan
2011
Development
of
Selected
Key
Foreign
Currency
Receipts
(2009/10-‐2013/14)
Chart
1:
Why is the Suez Canal
important to the
Egyptian economy?
Suez
Canal
receipts
represent
a
key
source
of
foreign
currency
in
Egypt;
whereby
it
reached
USD
5.4
bn
in
FY
2013/14.
The
relaIve
importance
of
the
Canal
increased
as
other
key
foreign
currency
generaIng
acIviIes,
like
FDIs
and
tourism,
faltered
post
2011
and
2013
revoluIons
(See
Chart
1).
4. How has traffic through the Suez Canal been
evolving since 1975?
Average
daily
traffic,
in
terms
of
number
of
vessels
and
net
tonnage,
increased
steadily
between
2002
and
2008
associated
with
a
pickup
in
global
economic
growth
and
world
trade.
The
global
economic
downturn,
however,
led
a
significant
decline
in
traffic
in
2009.
InteresIngly,
the
average
daily
tonnage
increased
31%
between
2009
and
2014,
while
the
average
daily
number
of
vessels
decreased
marginally
by
0.4%
over
the
same
period.
This
is
explained
by
a
significant
increase
in
the
average
tonnage
per
vessel
post
2009
as
exhibited
in
Chart
3
as
the
internaIonal
shipping
industry
strives
to
minimize
marginal
cost
amid
a
slowdown
in
global
economic
acIvity
and
trade.
Hence,
the
depth
of
the
Canal
is
much
more
important
than
the
width.
SC's
Daily
Average
Traffic
(1975-‐2014)
Chart
2:
0
10
20
30
40
50
60
70
0
500
1000
1500
2000
2500
3000
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
Daily
Average
Net
Tonnage
(1000
ton)
Daily
Average
No.
of
Vessels
(right
scale)
SC's
Daily
Average
Traffic
(1975-‐2014)
Chart
3:
-‐
10.00
20.00
30.00
40.00
50.00
60.00
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
1000
ton
Global
trade
is
becoming
more
reliant
on
bigger
vessels
with
higher
Dead
Weight
Tonnage
(DWT)
A
leap
in
the
average
tonnage
per
vessel
post
the
financial
crisis
5. How did the depth of the Canal evolve over time? And how does the
current depth compare to the Panama Canal?
The
depth
of
the
Suez
Canal
has
increased
over
the
years
to
currently
support
vessels
with
maximum
draa
length
of
66
a
which
exceeds
the
maximum
draa
length
in
the
New
Panama
Canal,
expected
to
open
in
2016,
which
will
stand
at
49.9
a.
The
current
dimensions
of
the
Canal
support
100%
of
fully-‐loaded
container
fleet,
95.4%
of
fully-‐loaded
bulk
fleet,
64.2%
of
fully-‐loaded
tanker
fleet
and
100%
of
other
fleet
types.
Some
bigger-‐sized
unsupported
tankers
can
sIll
pass
through
Suez
Canal
not
fully-‐laden
by
offloading
part
of
the
shipment
into
the
Suez-‐
Mediterranean
(SUMED)
pipeline
and
reloading
it
at
the
end
of
the
Canal.
Suez
Canal
Maximum
DraQ
(Q)
Chart
4:
22
35
38
53
56
58
62
66
0
10
20
30
40
50
60
70
1869
1956
1962
1981
1994
1996
2001
2012
Source:
U.S.
Energy
InformaIon
AdministraIon
6. How much is the Suez Canal reliant on international
oil trade?
In
2014,
oil
tankers
and
LNG
ships
represented
27.2%
of
total
vessels
transiIng
through
the
Suez
Canal
(see
Chart
5).
Crude
oil,
refined
oil
products
and
LNG
represented
almost
25%
of
total
cargo
tonnage
carried
through
the
Suez
Canal
in
2014
(See
Chart
6).
Breakdown
of
Total
No.
of
Vessels
by
Ship
Type
(2014)
Chart
5:
Tankers
23.6%
L
N
G
3.6%
Bulk
Carriers
17.8%
Combined
Carriers
0.0%
General
Cargo
7.3%
Container
Ships
35.7%
Ro/Ro
Ships
1.3%
Car
Carriers
5.8%
Passenger
Ships
0.4%
Others
4.3%
Traffic
Breakdown
by
Cargo
Type
(2014)
Chart
6:
Crude
Oil
&
Oil
Products
22%
LNG
3%
Other
75%
7. What are the top countries using the Suez Canal for
trade (exports + imports)?
North
of
the
Canal,
Spain,
Italy,
Netherlands,
Egypt
and
U.K.
are
the
top
countries
that
used
the
Suez
Canal
in
2014.
While
in
the
South,
Saudi
Arabia,
Singapore
and
Malaysia
were
the
top
users
of
the
Suez
Canal
in
2014.
Cargo
Tonnage
by
Country
in
2014
(North
of
the
Canal)
Chart
7:
Spain
9%
Italy
9%
Netherlands
9%
Egypt
8%
U.K.
8%
United
States
7%
Turkey
6%
Greece
5%
France
5%
Ukrania
5%
Other
29%
Cargo
Tonnage
by
Country
in
2014
(South
of
the
Canal)
Chart
8:
Saudi
Arabia
21%
Singapore
18%
Malaysia
13%
China
6%
India
6%
United
Arab
Emirates
6%
Oman
4%
Srilanka
3%
Iraq
3%
Qatar
3%
Other
17%
8. How would transit dynamics
change after the opening of the
parallel waterway (New Suez
Canal)?
The
newly
dug
35
km
waterway
increases
the
double
parts
of
the
Suez
Canal
to
115.5
Km,
represenIng
almost
60%
of
the
total
length
of
the
Canal.
This
is
expected
to
cut
the
average
transit
Ime
from
22
hours
to
11
hours.
Would the shorter transit time
automatically translate into
higher receipts?
With
less
than
half
a
day
saving
in
transit
Ime,
projecIng
a
higher
market
share
for
the
Suez
in
global
mariIme
transit
would
be
premature,
especially
with
the
New
Panama
Canal
coming
on
stream
next
year.
The
total
traffic
passing
through
the
Canal
will
ulImately
depend
on
the
growth
in
the
volume
of
global
trade
which
is
currently
subdued.
However,
the
Suez
Canal
Authority
might
capitalize
on
the
transit
Ime
savings
in
order
to
increase
transit
fares,
but
such
increase
would
sIll
be
limited.
The
development
of
the
Suez
Canal
area
into
a
logisIcs,
industrial
and
re-‐export
hub
provides
much
bigger
opportuniIes
to
the
EgypIan
economy
leveraging
on
the
strategic
locaIon
of
the
Suez
Canal
at
the
crossroads
of
internaIonal
trade
routes.
A
master
plan
for
the
project
was
presented
during
the
Egypt
Economic
Development
Conference
(EEDC)
held
in
March
2015,
and
key
legislaIve
amendments
had
been
made
to
allow
for
the
establishment
of
the
Suez
Canal
Special
Economic
Zone
and
grant
the
Suez
Canal
Authority
the
power
to
establish
companies.
Sources:
Suez
Canal
Authority,
Central
Bank
of
Egypt,
BIMCO,
U.S.
Energy
InformaIon
AdministraIon
9. “Advice
is
judged
by
results
not
intenons”
Address:
166
Al-‐Shouyfat
St.,
Bouri
Sq.,
New
Cairo
Email:
info@dcodeefc.com
Website:
www.dcodeefc.com