Oil, gas and mining

Why the Suez Canal is Dying



One of the biggest mega projects in the world, as well as one of the busiest canals in the world, which is the Suez Canal, why is it dying and losing its value?

The history of the Suez Canal, which was built almost 150 years ago, is very complex and at the same time exciting because it was one of the biggest and most successful projects of that time.
In simple language
The Suez Canal connects the Mediterranean Sea to the Red Sea through the Isthmus of Suez in Egypt. It is one of the most important trade routes in the world The canal is about 193 km (120 miles) long and has no locks. It was built between 1859 and 1869 by a French company.

It facilitates global trade and commerce, as it handles about 12% of
total global trade and more than 300 million tons of cargo per year.

Many things have happened to this canal, for example, 2 years ago, the canal was blocked for 6 days due to a giant ship getting stuck in the Suez Canal.
And various other events that show that if the situation goes like this, it has the possibility of losing its value.
We will talk about all these in the next video.

00:00 traffic in Suez canal
00:45 history of Suez canal
01:55 why people were dying in construction
03:00 how the canal help travels now day
03:50 how much it cost to pass canal
04:20 Suez canal is better or panama canal
05:45 the ship that completely blocked the canal
06:10 why the Suez canal is in the risk
07:10 what should do with the Suez canal

Stay tuned until the end of the video
And give your opinion whether the Suez Canal or the Panama Canal is better?
We will tell the answer to this at the end of the video

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#construction #suezcanal

mega projects
suez canal
Why the Suez Canal is Dying
Why the panama canal is Dying

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