Skip to content

Suez Canal Traffic Jam

Business Sales and M&A Specialists

A 224,000 ton container ship is jamming the Suez Canal after running aground in a dust storm. Currently 8 tug boats are working on pulling out the ship. If this doesn’t get resolved quickly it will affect oil prices and commercial deliveries. The total number of ships has leveled out, however the amount goods are skyrocketed 2000 as ships continue to get bigger and bigger.

Source: Suez Canal Authority and Statista

#DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen #SuezCanal