Suez Canal history facts

Suez Canal history facts

Suez Canal history facts, When was the Suez Canal built? When was the Suez Canal opened? How long is the Suez Canal? Who owns the Suez Canal? New Suez Canal.

The Suez Canal is an artificial sea canal west of the Sinai Peninsula in Egypt. It connected the Mediterranean to the Red Sea through the Isthmus of Suez and divided Africa and Asia. The canal is part of the Silk Road that connects Europe with Asia. Ferdinand de Laceps, a French engineer, was the first to dig the canal.

When was the Suez Canal built?

In 1858, Ferdinand de Lesseps formed the Suez Canal Company to build the canal. The construction of the canal continued from 1859 to 1869.

When was the Suez Canal opened?

After ten years of excavation, the road was opened to the public on 17 November 1869.

How long is the Suez Canal?

This allows ships to sail directly between the North Atlantic and North Indian Oceans via the Mediterranean and the Red Sea, avoiding the South Atlantic and South Indian Oceans, and reducing the distance from the Arabian Sea to London by about 8,900 kilometers (5,500 miles). Gone.

That is, in case of 20 knots (37 km / h; 23 miles/hour) velocity, 10 days to 24 knots (44 km / h; 28 miles/hour) in case of 8 days time is saved.

The canal extends from the northern terminus of Port Said to the southern terminus of the port of Tawfiq in the city of Suez. Its length is 193.30 km (120.11 miles) with North and South access channels. By 2020, more than 18,500 ships have crossed the canal (an average of 51.5 per day).

The Suez Canal is used as a waterway to transport goods from Europe in the north to Asia in the south.

Suez Canal history facts
Suez Canal history facts

Who owns the Suez Canal?

The canal is the property of the Egyptian government, but until July 1956, when the European partners, most of whom owned and operated the concession, were nationalized, and the nationalization of it by Egyptian President Gamal Abdel Nasser led to the October-November 1956 Suez Crisis. The canal is operated and maintained by the Egyptian state-owned Suez Canal Authority (SCA).

Under the Constantinople Convention, it can be used “in times of war as in peacetime, without distinction between each trade or warship flag”. Nevertheless, the canal played an important military strategic role as a navigable route and choke point. The navy (Egypt and Israel) has a special interest in the Suez Canal, with its coastline and bases in both the Mediterranean and the Red Sea.

The canal was closed for eight years before it was reopened on June 5, 1975, after Egypt closed the Suez Canal on June 5, 1967, at the start of the Six-Day War.

In 2014

the Egyptian government began construction work to expand the 35-kilometer (22-mile) Balla Bypass to speed up the canal’s transport time. The purpose of the expansion was to double the capacity of the Suez Canal, from 49 to 97 per day.

Built at a cost of 59.4 billion Egyptian pounds (US 9 billion), the project was financed with interest-bearing investment certificates issued exclusively to Egyptian entities and individuals. The expanded “New Suez Canal” was inaugurated on 6 August 2015 with a ceremony.

The Suez Canal Authority officially opened the new side channel in 2016. Located on the north side of the extension to the east side of the Suez Canal, this side channel is used to anchor the eastern terminal from the terminal and to ship without an anchor.

Since the eastern container terminal is located on the canal, it was not possible to anchor or lift the anchor during the convoy before the new side-channel was built.

Capacity

At present, 49 ships pass through the Suez Canal every day. However, if a new Suez Canal is built by 2023, 96 ships will be able to pass through the Suez Canal every day.

New Suez Canal

The new Suez Canal is a branch of the Suez Canal. Which has been newly excavated and constructed parallel to the Suez Canal. About 37 kilometers have been excavated, which is called ‘Second Lane’. In addition, the canal has been deepened and widened to 35 kilometers.

At present, 49 ships pass through this canal daily. The government hopes that by 2023, 97 ships will pass through this canal daily. In addition, the government expects the current revenue from the Suez Canal to increase from 5.3 billion to  1.32 billion by 2023.

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