Suez Canal ship backlog to clear in 4 days - UN agency
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Thursday
June 30, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
THURSDAY, JUNE 30, 2022
Suez Canal ship backlog to clear in 4 days - UN agency

World+Biz

Reuters
30 March, 2021, 04:35 pm
Last modified: 30 March, 2021, 04:37 pm

Related News

  • Egypt expects Suez Canal revenues to hit $7B by end of fiscal year
  • Egypt's Suez Canal revenues expected to hit $7 bln in 2022, says chairman
  • Suez Canal expansion due to finish in July 2023 - SCA chairman
  • Suez canal authority aims to raise transit fees by 6% in 2022 - chairman
  • Egypt's Suez Canal annual revenue hits record $5.84 billion

Suez Canal ship backlog to clear in 4 days - UN agency

"The backlog of ships will likely take four to five days to be back to normal, Jan Hoffmann, an UNCTAD expert on logistics, told a briefing on Tuesday, adding that it could take several months to clear the knock-on backlog at ports

Reuters
30 March, 2021, 04:35 pm
Last modified: 30 March, 2021, 04:37 pm
A container ship which was hit by strong wind and ran aground is pictured in Suez Canal, Egypt March 24, 2021. SUEZ CANAL AUTHORITY/Handout via REUTERS
A container ship which was hit by strong wind and ran aground is pictured in Suez Canal, Egypt March 24, 2021. SUEZ CANAL AUTHORITY/Handout via REUTERS

Clearing the ships that built up at the Suez Canal while the waterway was blocked by a giant container ship could take four days, although catching up at ports will take longer, the United Nations Conference on Trade and Development (UNCTAD) said.

"The backlog of ships will likely take four to five days to be back to normal, Jan Hoffmann, an UNCTAD expert on logistics, told a briefing on Tuesday, adding that it could take several months to clear the knock-on backlog at ports.

Top News

Suez Canal

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image
    Some amnesty for offshore assets kept, corporate taxes cut
  • RnB artist R Kelly. Photo: Getty Images via BBC
    US Artist R Kelly sentenced to 30 years on sexual abuse charges
  • Saudi Arabia to celebrate Eid-ul-Adha on 9 July
    Saudi Arabia to celebrate Eid-ul-Adha on 9 July

MOST VIEWED

  • Saudi Arabia to celebrate Eid-ul-Adha on 9 July
    Saudi Arabia to celebrate Eid-ul-Adha on 9 July
  • File Photo: Reuters
    Israeli soldiers kill Palestinian gunman in West Bank clash
  • A Ukrainian serviceman walks as seeds burn in a grain silos after it was shelled repeatedly, amid Russia's invasion of Ukraine, in Donetsk region, Ukraine May 31, 2022. REUTERS/Serhii Nuzhnenko
    NATO vows to modernise Ukraine's military to fight off Russian invasion
  • A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018/ Reuters
    India hikes taxes on kitchenware, farm machinery
  • Andrew Formica, CEO and director of Jupiter Fund Management Plc. Photo: Collected
    CEO of $68 billion firm quits to ‘sit at the beach and do nothing’
  • The Group of Seven leaders gather for a lunch at the Schloss Elmau hotel in Elmau, Germany on 27 June 2022. Photo: Reuters
    G7 discussions with China, India on Russian oil price cap positive -source

Related News

  • Egypt expects Suez Canal revenues to hit $7B by end of fiscal year
  • Egypt's Suez Canal revenues expected to hit $7 bln in 2022, says chairman
  • Suez Canal expansion due to finish in July 2023 - SCA chairman
  • Suez canal authority aims to raise transit fees by 6% in 2022 - chairman
  • Egypt's Suez Canal annual revenue hits record $5.84 billion

Features

Mahathir accused financial titans of seeking to reverse decades of economic development that propelled tens of millions into the middle class. Photo: Bloomberg

George Soros, Mahathir and the legacy of 1997

16h | Panorama
 If Bangladesh produces and exports high-value-added MMF products right now, we can increase our total export by around 25% in value. Photo: Mumit M

Time ripe for Bangladesh RMG sector to focus more on man-made fibres

20h | Panorama
Human Library Bangladesh has organised so far nine sessions; eight have been held in different parts of Dhaka and one in Khulna. Photo: Courtesy

Human Library Bangladesh: Where the halls come alive with human voices

21h | Panorama
Abortion is a part of healthcare. Photo: Bloomberg

Abortion is healthcare and women’s rights are human rights

1d | Panorama

More Videos from TBS

Severodonetsk now under Russian control

Severodonetsk now under Russian control

9h | Videos
South African boy drove ambition, says Elon's father

South African boy drove ambition, says Elon's father

9h | Videos
Why Dollar crisis will last long?

Why Dollar crisis will last long?

9h | Videos
Beautiful mural at Padma bridge

Beautiful mural at Padma bridge

13h | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Meet the man behind 'Azke amar mon balo nei'
Splash

Meet the man behind 'Azke amar mon balo nei'

3
Photo: TBS
Bangladesh

Motorcycles banned on Padma Bridge 

4
Photo: Courtesy
Corporates

Gree AC being used in all parts of Padma Bridge project

5
Photo: Collected
Economy

Tech startup ShopUp bags $65m in Series B4 funding

6
World Bank to give Bangladesh $18b IDA loans in next five years
Economy

World Bank to give Bangladesh $18b IDA loans in next five years

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
An aerial view of a MRT Line-6 construction site. Work on the first elevated metro rail of Bangladesh is going on in full swing. A total of 16 elevated stations will connect the capital’s Uttara to Motijheel via Mirpur, Farmgate and Dhaka University. The photo was taken from Farmgate area recently. Photo: Rajib Dhar

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net