Shop wreckage in Suez Canal costs Rs. 2,896 Crores per hour!

Interested in writing political and/or movie related content for Telugubulletin? Creative writers, email us at "[email protected]"

94,598FansLike
57,763FollowersFollow

The Evergreen, a ship carrying a heavy load, has recently met with wreckage in the Suez Canal, and the crisis is only intensifying with every passing day. This wreckage is expected to cause a great problem for trade all over the world. Both sides of the Suez Canal carry $ 9.6 billion worth of goods, oil and gas daily, and, on average, $ 400 million (Rs. 2,896 Crores) worth of goods are transported per hour.

Experts have said that it is impossible to move the stuck ship any time soon as one side of the ship got stuck in mud, and being that it is a heavy ship by make and the fact that it’s carrying a very heavy load, make it all the more impossible for the ship to be moved quickly. As a result of this wreckage, 160 other ships are left waiting here, of which 41 are heavy ships and 24 are oil tankers. Transportation expert Allen Bear said that a one-day delay near the Suez Canal would require an additional two days of effort to balance out the situation. With this, the big shipping companies are resorting to alternative routes to the Suez Canal.

The Evergreen is carrying 25 crew members, of which all are Indians. All the crew members are said to be safe, but it is being said that the ship can be put back on the right track only after unloading its 20,000 containers. Around 20,000 cubic meters of sand needs to be removed in order for the ship to float back into the water, which would mean that there needs to be digging to a depth of 12 to 16 meters.

Container vessels play a key role in oil transportation. The faster these ships carry the loaded oil to their destinations, the faster the oil can be transported. More than 16 container ships, already loaded with oil are stranded here. The number of this kind of ships is increasing day by day. This could slow down the supply of petroleum products to European countries.

2 COMMENTS

Silver Screen

‘Krishna From Brindavanam’: Aadi’s next gets launched

Young actor Aadi Sai Kumar has been captivating audiences with some interesting movies over the years. The latest news is that the talented actor's...

OTT and TV: The strange case of Guntur Kaaram

Mahesh Babu and Trivikram's Guntur Kaaram hit the theaters this year on the occasion of Sankranthi and it was an average grosser in terms...

What is OTT release date of Tillu Square?

Young hero Siddhu Jonnalagadda has scored one of Tollywood's biggest hits for 2024 with his latest outing Tillu Square which has reportedly grossed in...

Teja Sajja’s Super Yodha Movie Gets An Interesting Title

Teja Sajja, who impressed the audience across the country with his last film Hanu-Man, is now gearing up to seize everyone's attention with his...

Rs 200 crore deal for Pushpa 2

Pushpa 2 is one of the keenly awaited pan-Indian films in the making in Indian cinema and the stakes are really high on this...

Politics

Andhra Pradesh Polls: Important step starts today

One of the most important phases of Andhra Pradesh polls starts today with the schedule commencing for the filing of nominations. Anhra Pradesh and Telangana...

Pawan Kalyan’s mass reply to Jagan on important topic

CM Jagan Mohan Reddy toured Bhimavaram constituency yesterday and he made an ugly comment on Pawan Kalyan as he said Pawan has the audacity...

Prashant Kishor working for TDP?

For a while now, political analyst Prashant Kishore who has been predicting that Jagan Mohan Reddy will not retain power in AP has been...

Breaking: Jagan’s stone attacker identified

AP CM YS Jagan Mohan Reddy suffered a serious injury to his forehead recently and he has started to recover from the same now....

Nagababu give mass elevation to Pawan Kalyan

Konidela Nagababu and Pawan Kalyan have been working hand in hand in the context of the coming election season in Andhra Pradesh. Despite not...

Most Read

‘Krishna From Brindavanam’: Aadi’s next gets launched

Young actor Aadi Sai Kumar has been captivating audiences with some interesting movies over the years. The latest news is that the talented actor's...

OTT and TV: The strange case of Guntur Kaaram

Mahesh Babu and Trivikram's Guntur Kaaram hit the theaters this year on the occasion of Sankranthi and it was an average grosser in terms...

What is OTT release date of Tillu Square?

Young hero Siddhu Jonnalagadda has scored one of Tollywood's biggest hits for 2024 with his latest outing Tillu Square which has reportedly grossed in...

Teja Sajja’s Super Yodha Movie Gets An Interesting Title

Teja Sajja, who impressed the audience across the country with his last film Hanu-Man, is now gearing up to seize everyone's attention with his...

Andhra Pradesh Polls: Important step starts today

One of the most important phases of Andhra Pradesh polls starts today with the schedule commencing for the filing of nominations. Anhra Pradesh and Telangana...