The Suez Canal Authority has fired again towards information studies claiming that vessels are actually altering their routes to across the southern tip of Africa as a consequence of decrease oil costs and overcapacity as an alternative of utilizing the Suez Canal. 

Managing Director of the Suez Canal Authority Admirad Mohab Mamish dismissed any such studies within the information as being exaggerated, saying that the Suez Canal continues to be the primary route for world commerce and that no different different may even be thought of within the subject of maritime transport.

His assertion follows new studies that containership overcapacity and rock-bottom bunker prices have led carriers to divert a number of sailings away from Suez Canal and round Cape of Good Hope. The studies have been primarily based on a report by the Danish maritime evaluation agency SeaIntel, which confirmed that because the finish of October 2015, 115 vessels deployed on Asia-U.S. East Coast and Asia-North Europe companies have made the back-haul journey to Asia by crusing across the Cape of Good Hope slightly than by the Panama and Suez canals regardless of utilizing them on the head-haul legs.

To drive residence his level, Admiral Mamish stated that visitors within the Suez Canal throughout 2015 confirmed a rise within the variety of transiting vessels and whole internet tonnage, with 17,483 vessel transits and 998.7 million tons transported by the Suez Canal in 2015. This represents 2% improve in vessel transits and a 3.7% improve in tonnage in comparison with 2014, Mamish stated.

As for containerships within the Suez Canal, the entire internet tonnage jumped from solely 536.3 million tons in 2014 to 555.6 million tons in 2015, representing a rise of three.6%.

“As for the allegation that vessels are changing routes to the Cape of Good Hope, the statistics shows that the number of ships adopting this policy does not exceed 115 ships since October 2015,” the assertion from Mamish stated. “That number represents 0.6% of the total number of vessels that transited the Canal in 2015, which is a very small percentage that does not show a general tendency in the Canal traffic.”