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| Suex canal Egypt |
The Suez Canal is a canal in Egypt. Opened in November 1869,
it allows water transportation between Europe and Asia without navigating around Africa or carrying goods overland between the Mediterranean and the Red Sea. The northern terminus is Port Said,with the southern terminus being near Suez. Ismailia is located half way between Port Said and Suez.
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| Mediterranean sea |
The canal is 192 km (119 mi) long. The maximum depth of the canal is 66 feet (20m). It is single-lane with 4 passing places north and south of the Great Bitter Lake, and links the Mediterranean Sea to the Gulf of Suez on the Red Sea. It contains no locks; seawater flows freely through the canal into the Great Bitter Lake from both the Red Sea in the south and the Mediterranean in the north, replacing evaporation.
The canal is owned and maintained by the Suez Canal Authority (SCA) of the Arab Republic of Egypt. Amid the global economic crisis, the revenue from the Suez Canal has dipped sharply by 22.7 per cent to $346.9 million in April this year, as compared to the corresponding period last year.
A monthly report from the Egyptian Cabinet Information and Decision Support Centre(IDSC), however, said the total revenue of$448.9 million in April 2009 was 5.8 per cent more than the previous month.
According to the report,the number of vessels transiting the international waterway, has dropped by 13.4 per cent from 1,712 vessels in April last year.Though the monthly figure has increased by three per cent, compared to 1,439 vessels in March.
Of the total 1,482 vessels, the number of oil tankers crossing the Canal in April had decreased to 266 from 298.
The number of other vessels had also decreased by 14 per cent, from 1,414 to 1,216, the report said, adding that the figure was 6.5 per cent less in the previous month.
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| Shipping Agency |
PSTS Stevedoring team handled the loading of an yacht onto MV Edam Sracht on 26th April 2009 in the Port of Tuticorin. The master and the crew were all praise for the PSTS Stevedoring team for safe handling of the cargo!
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