IT’S OVER: The Suez Canal Has FINALLY Dried Up
today the Suez Canal facilitates up to 20,000 transits per year which totals approximately 1.17 billion tons of cargo worth around $800 billion it is the jugular of global trade and rightfully so as it facilitates Global Commerce and trade between Europe Asia and Beyond connecting the Mediterranean Sea to the Red Sea it significantly reduces the time and cost of Maritime transportation between Europe and Asia however all of this may change sooner than we’d want stick around as we explore the reasons behind this impending crisis and its potential ramifications Russia’s need for another sewers Canal when the Soviet forces steamrolled into Afghanistan in 1979 neighboring Pakistan feared that it would be next president ziaul hack was almost certain that Russia wanted to access warm Waters through Pakistan’s Coastline this led to a decade of proxy war between Pakistan aided by its Western allies and the mighty Soviet Union until the latter withdrew from Afghanistan and eventually disintegrated fast forward to today’s time Russia’s need for access to warm Waters has not gone away but why isn’t the country surrounded by water on two sides well yes but the country’s 24,40 km long coastline along the Arctic Ocean is largely Frozen for a significant portion of the Year limiting access to its northern ports this Geographic constraint has historically hindered Russia’s ability to exploit its Maritime potential and engage in global trade fully to overcome this challenge Russia has pursued various strategies to gain access to warmer Waters one approach has been to seek control or influence over territories with access to seas and oceans with milder climates this includes territories such as crimeia which provides access to the Black Sea and kingr a Russian exclave on the Baltic Sea but considering Russia’s size and the volume of products it needs to move in both directions it needs something much bigger much grander this ambition in itself is nothing new two centuries ago the Great Western Powers faced a similar predicament in the 19th century European powers were increasingly reliant on Maritime trade routes for their economic Prosperity however their access to key trade routes was limited by geographical barriers this led to a growing desire among Western Powers particularly Britain to find a way to bypass these barriers and establish a more direct route to the lucrative markets of Asia the construction of the Suz canal in the mid 19th century marked a significant milestone in addressing this challenge the canal completed in 1869 provided a shortcut between the Mediterranean Sea and the Red Sea allowing ships to avoid the lengthy and perilous Journey around the southern tip of Africa this new route not only facilitated trade between Europe and Asia but also enhanced the Strategic position of the countries controlling it similarly Russia has explored alternative transportation routes to bypass its frozen Northern ports projects such as the Northern sea route which traverses the Artic ocean along Russia’s northern coast have been promoted as potential solutions to facilitate Maritime trade however these efforts have been hampered by challenges of their own the Northern sea route for example is only navigable for a limited portion of the year and require significant investment in infrastructure and Icebreaker support Russia has also sought to bolster its presence in regions with access to warmer Waters through military and diplomatic means this includes interventions in regions such as the Middle East and Central Asia where Russia has sought to assert its influence and secure strategic footholds the country’s quest for access to warm Waters reflects its broader geopolitical Ambitions and strategic imperatives by overcoming its Geographic challenges with Coastline and ports Russia aims to strengthen its position as a global player however the cost of this ambition will be the death of the sez Canal but before we get to it let’s get some context how the sez Canal revolutionized global trade if ships could move over land global trade and Maritime traffic in the 16th century could be made to go much faster cutting through the Egyptian Heartland ships could Venture straight into the Red Sea from the Mediterranean thus avoiding the costly sail across the tip of Africa of course ships can’t move on land the ottoman Grand Vier Saku M paser thus proposed the next best thing a canal linking the Red Sea and the Mediterranean the Ottomans sought to establish a direct Maritime route between Constantinople and the lucrative trade routes of the Indian Ocean thereby enhancing their access to valuable goods and resources furthermore as European powers expanded their Pres and influence in the Indian Ocean the Ottoman Empire faced increasing challenges to its Mercantile and strategic interests the construction of a navigable Canal would not only bolster the ottoman Navy’s capabilities but also strengthen the Empire’s position in the face of external pressures however despite the Strategic importance of the project it was ultimately deemed too costly and ambitious to complete two centuries later during Napoleon bonapart campaign in Egypt and Syria the idea of a linking the Mediterranean and the Red Sea resurfaced Napoleon’s men rediscovered an ancient Canal extending from the Red Sea northward and then Westward toward the Nile inspired by this discovery Napoleon now emperor of France entertained the idea of constructing a Norths South Canal to connect the Mediterranean with the Red Sea however his men had incorrectly believed that the Red Sea lay significantly higher than the Mediterranean this complicated the entire project and led to its abandonment but in terms of vision he was far from alone amidst the backdrop of colonial expansion and burgeoning trade routes the idea of a shortcut to the east captured the imaginations of Visionaries and entrepreneurs alike in the early 19th century as Egypt found itself under the rule of Muhammad Ali A Viceroy of the Ottoman Empire the Ure of connecting the Mediterranean and Red Seas persisted despite daunting challenges in 1854 and 1856 a certain Frenchman Ferdinand deeps secured a concession from his longtime friend sa D Pasha the deao ruler of Egypt and Sudan to realize his audacious Vision the construction of a canal that would unite the Mediterranean and Red Seas open to vessels of all nations with the green light from sa the leps wasted no time in assembling a formidable team of experts following exhaustive surveys and spirited deliberations in Paris on December 15th 1858 the Suez Canal company was born however the British government staunch opponents of the project viewed it with trepidation fearing that the Canal’s completion would upset the established order of Maritime trade Lord paliston a formidable adversary of the Venture candidly admitted that Britain’s commercial and Maritime dominance hung in the balance diplomatic Maneuvers were deployed in a bid to thwart the project despite initial skepticism and lukewarm reception abroad theps rallied support for the venture with the backing of the Kata banking family and the influential James de Rothschild of the French House of Rothschild shares in the Suez Canal company found eager buyers in France and Beyond while British Austrian and Russian interests remained cautious French enthusiasm propelled the project forward laying the groundwork for one of the most ambitious engineering Feats of the 19th century the Monumental task of Excavating the Suez Canal commenced on April 25th 1859 over the course of a decade from 1859 to 1869 the Relentless clang of pick axes and shovels echoed across the ismos as thousands toiled under the scorching Sun Force labor was employed until 1864 compelling multitudes from various corners of the globe to participate in the Monumental undertaking some estimates suggest that at any given time over 30,000 laboris toiled along the Canal’s length with a staggering 1.5 million individuals engaged in the arduous labor throughout the Project’s duration however the toll is measured not only in sweat and toil but in lives lost chera and other epidemics exacted a heavy tax on the workforce claiming the lives of tens of thousands of laboris while the exact number of casualties remains a matter of debate with estimates ranging widely the human cost of this Monumental Endeavor cannot be overstated however the losses were buried under the excitement of the grand inauguration of the sez canal in November 1869 dignitaries and luminaries from around the world gathered to witness the realization of a centuries old dream the festivities commenced on the evening of November 15th at Port sa d a blaze with illuminations fireworks and the opulent Splendor of a banquet hosted aboard the yacht of kiv isar Illinois passer of Egypt and Sudan among the esteemed guests were Emperor France Joseph I the French Empress UGI the Crown Prince of Prussia and Prince Louie of Hessa the following day amidst a backdrop of Muslim and Christian blessings A procession of ships embarked on a historic Journey Through the Canal’s shimmering Waters yet amid the Jubilation concerns arose regarding the depth and navigability of certain sections of the canal these fears were soon realized when the French ship Palo ran ground however the Convoy pressed onward ismalia became the next focal point of Celebration with military parades illuminations and Grand balls punctuating the air with an air a of festivity the journey culminated in sez where further revelries awaited before many of the participants embarked on a pilgrimage to Cairo and the or inspiring pyramids however despite the Triumph of its completion the sez Canal faced initial challenges both financial and operational the Project’s final cost exceeded initial estimates and traffic in the first years fell below expectations however the world suddenly became more accessible the Canal’s completion had profound economic implications particularly for the European Mediterranean countries which enjoyed Newfound economic Prosperity due to expedited trade routes to Asia and East Africa but back at home the project had its costs to alleviate Financial pressures is marinoi paser the successor of s Pasa was compelled to sell his share of the canal to the United Kingdom in 1875 marking a significant shift in ownership later in 1882 due to local unrest the British invaded Egypt and took full control of the canal however while the British and French exerted significant influence over the canal Egypt technically remained part of the Ottoman Empire until the British occupation under British supervision the canal thrived with Evelyn bearing first Earl of chroma implementing reforms to modernize governance and suppress unrest ensuring the smooth flow of traffic through the canal the Strategic importance of the canal was further highlighted during times of conflict such as the first world war when British forces successfully defended it against ottoman attacks in 1915 later on throughout the second world war the canal remained a vital archery for the Allied Forces the Suz Canal Crisis following the second world war the world was quickly moving past the era of colonialism and monarchy Egypt was no different the nation gained independence from British control on February 28th 1922 under Sultan Ahmed fuad the however Egypt remained a constitutional monarchy with fuad as the king until the Egyptian revolution of 1952 which led to the establishment of the Republic of Egypt and the end of the monarchy a democratic Egypt under President Gamal Abdul NASA was not willing to bow down to its Colonial past however Egypt’s overes towards the Soviet Union and its subsequent nationalization of the canal in July 1956 prompted a Swift and forceful response from Western Powers the situation got further inflamed when the Egyptian president transferred control of the canal to the Suz Canal Authority and closed the Straits of Tran to Israeli ships in response to these actions the UK France and Israel launched a coordinated invasion of Egypt known as the seers crisis under the pre-agreed war plans Israel initiated hostilities by invading the Sinai Peninsula on October 29th forcing Egypt into military engagement the anglo-french partnership then intervened to regain control of the canal this outrageous militarism led to widespread International condemnation in response the Canadian Secretary of State for external Affairs Lester bpon proposed the creation of the first United Nations peacekeeping Force to diffuse tensions and ensure access to the canal for all parties on November 4th 1956 the United Nations voted in favor of of Pearson’s peacekeeping resolution backed by pressure from the United States this resolution mandated the deployment of un peacekeepers to the Sinai Peninsula until both Egypt and Israel agreed to their withdrawal the ceasefire brokered by the UN coupled with diplomatic efforts spearheaded by Pearson ultimately led to the withdrawal of British and French troops from Egypt by the end of the year Pearson’s role in resolving the crisis earned him the Nobel Peace Prize despite the cessation of hostility the canal remained closed until April 1957 as a result of damage inflicted during the conflict with assistance from the United Nations efforts were made to clear the canal and establish a un peacekeeping Force to ensure its continued navigability and maintain peace in the Sinai Peninsula however troubles for the canal and the World Trade were far from over on May 16th 1967 Egyptian president NASA ordered the withdrawal of UN peacekeeping forces from the sign Peninsula including the Suz Canal area and deployed Egyptian troops in their place Israel objected to NASA’s subsequent closure of The Straits of Tran to Israeli trade on May 21st escalating tensions in the region the 1967 6-day war resulted in Israeli occupation of the Sinai Peninsula including the East Bank of the seers canal subsequent years saw heightened tensions between Egypt and Israel culminating in a war of attrition from March 1969 to to August 1970 as Egypt sought to reclaim occupied territories however in the midst of it all president NASA died in September 1970 this marked a temporary cessation of hostilities but underlying tensions persisted Egypt unwilling to permit Israeli use of the canal imposed a blockade until 1975 during the yam Kiper war on October 6th 1973 the canal became a Battleground as Egyptian forces launched operation bad Crossing into Israeli occupied Sinai Israeli counterattacks ensued with Israeli forces crossing the canal into Egypt and advancing towards Su City by October 22nd 1973 however on January 18th 1974 the Sinai separation of forces agreement was signed leading to the withdrawal of Israeli forces from the western side of the sez Canal following the yam Kiper War the United States spearheaded operation Nimbus moon to clear the SE Canal of Mines simultaneously the British royal Navy launched operation riat to ensure the Canal’s safety by 1975 these clearance operations had rendered the canal and its Lakes 99% mine-free Egyptian president anoir Sadat accompanied by Iranian Crown Prince RZA paravi symbolically reopened the canal aboard an Egyptian Destroyer leading the first Northbound Convoy to port s in 1975 how however the United Nations emergency Force mandate expired in 1979 consequently negotiations resulted in the establishment of the multinational force and observers in Sinai in 1981 coordinating with Israel’s phased withdrawal Egypt normalized relations with Israel after that allowing for uninterrupted trade operations through the canal over the decades the canal became so pivotal that in 2014 Egyptian president abdell fata LCC initiated an Expansion Project turn the new Suez Canal this expansion enables two-way Transit reducing congestion and enhancing efficiency completed within a year at a cost exceeding $9 billion US the expanded Channel marked a significant milestone in the Canal’s modernization and economic importance however through it all the canal saw many turbulences and troubles notable obstructions in the sewers Canal the canal has long been an artery for marit time traffic and trade thus any disruptions affect trade all over the world this happened in 2004 when the canal faced a 3-day closure when the oil tanker Tropic Brilliance became stuck disrupting Maritime traffic then on the 18th of October 2017 the O Japan ran a ground causing a brief obstruction that halted Canal operations for a few hours albeit on a smaller scale however the most notable obstruction occurred in March 2020 1 when the ultra-large container ship everg given operated by Evergreen Marine ran a ground due to strong winds blocking the canal in both directions this incident garnered Global attention due to the critical role the sez Canal plays in international trade the everg given grounding completely halted the passage of vessels through the canal trapping numerous ships carrying essential Goods including oil shipments which were severely affected economists and trade experts expressed concerns about the potential economic impact of the blockage as the Suez Canal serves as a vital artery for Global Commerce with up to $3 billion worth of cargo passing through it daily to alleviate the backlog and resume normal operations efforts were undertaken to refloat the everg given it was successfully refloated on the 29th of March 2021 allowing cargo traffic to gradually resume however the backlog of ships awaiting passage took several days to clear with approximately 450 vessels affected following the everg given incident the Suz Canal Authority announced plans to widen narrower parts of the canal to mitigate future blockages despite these efforts another grounding occurred on the 9th of September 2021 when MV Coral Crystal briefly blocked the canal fortunately it was swiftly freed minimizing disruption to Maritime traffic in May 2023 another grounding incident occurred involving the Hong Kong flagged cargo ship MV Shin Hong 23 near the southern end of the canal however tugboats were able to refloat the vessel within a day preventing significant disruption to Canal operations while all of these events were disruptive nothing has ever been more dangerous for the canal than what Russia has planned for it Russia’s need for alternative trade routes Russia is bordered on two sides by Frozen Waters of the Arctic and to the West the European nations had imposed crippling sanctions in the wake of the Ukraine war as Russia faces increasing isolation from the International Community economic sanctions imposed by Western Nations have tightened targeting key sectors like energy finance and defense significantly impacting Russia’s trade activities and Global Market access the search for alternative routs is thus crucial for Russia to ensure the continuity of its trade flows and mitigate the adverse effects of international isolation additionally the conflict in Ukraine has disrupted Regional stability and security impacting Maritime trade routes in the Black Sea region ongoing tensions and Military activities in the area heightened security concerns and increase risks associated with transporting goods through key waterways like the Black Sea and the bosporus strait but that’s not all recent developments in the Red Sea add another layer of complexity to global trade Dynamics the attacks by the houthis from Yemen on Israel bound or Associated cargo ships have further diminished traffic in the region since the outbreak of the Gaza war in October 2023 these attacks have instilled fear among shipping companies leading to a reluctance to risk transporting goods through the Red Sea despite efforts by Western allies to protect vessels in the region the heightened security risks have prompted shipping companies to seek alternative routes contributing to a decline in traffic through the Red Sea this combined impact of disruptions in both the Suez Canal and the Red Sea underscores the pressing need for Diversified trade routes and heightened security measures to safeguard global trade and economic stability in response to these challenges Russia is looking towards alternative transportation corridors such as the international north south transport Corridor or insc to diversify its trade routs and reduced dependence on vulnerable Maritime choke points like the Suz canal and the bosor strait the Inc which stretches from India to Europe via Iran aaban and Russia offers a viable alternative to traditional Maritime routes providing Russia with direct access to key markets in South Asia the Middle East and Europe while bypassing potentially volatile regions like the Red Sea and the bosporus strait by investing in and expanding infrastructure along the insc Russia aims to bolster its connectivity with global markets and enhance its resilience to geopolitical disruptions this strategic shift towards alternative trade routes reflects Russia’s efforts to adapt to evolving geopolitic iCal Dynamics and Safeguard its economic interests in an increasingly uncertain global environment furthermore Russia’s growing partnership with China particularly under the Bel and Road initiative bi presents opportunities to develop new Transportation corridors and infrastructure projects that could further enhance connectivity between Europe and Asia by leveraging its geographical position and strategic Partnerships Russia seeks to position itself as a key player in the global Transportation Network offering alternative routes and logistical solutions to meet the evolving needs of international trade however Russia’s ambitious plans to establish alternative trade routes pose a significant challenge to the Suz Canal status as a critical artery of global Commerce as Russia seeks to divert trade away from traditional Maritime routes particularly those controlled by Western Powers the Suez Canal could face declining traffic and revenues threatening its long-term viability and strategic importance moreover he geopolitical tensions and competition for control over key trade routes could further undermine the stability and security of Maritime Transportation networks posing risks to global trade and economic growth in conclusion while Russia’s quest for alternative trade routes reflects its efforts to adapt to changing geopolitical realities and mitigate the impact of economic sanctions and Regional instability it also poses challenges to established Maritime corridors like the sez Canal as Russia expands its influence in regions like the Middle East and Central Asia and invests in infrastructure projects to facilitate trade along alternative routes the global Maritime landscape is likely to undergo significant Transformations with far-reaching implications for international trade security and geopolitical Dynamics
IT’S OVER: The Suez Canal Has FINALLY Dried Up
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