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The Suez Canal.pptx

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The Suez Canal connects the Mediterranean Sea to the Red Sea, providing an important trade route between Europe and Asia by reducing travel distances by thousands of kilometers. Originally built in 1859-1869, it was an engineering feat that opened Egypt to global trade and tourism. In 2021, the canal was blocked for nearly a week when a large container ship became lodged sideways, highlighting the canal's critical importance as approximately 10% of global trade passes through it annually. Egypt has continued modernizing and expanding the canal to handle increased shipping traffic and larger vessels.

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The Suez Canal- A Lifeline of Global Trade Present by- Amitesh Ranjan
Contents ? Introduction ? Historical Background ? Why is the canal so important? ? Economic and Social impacts ? 2021 Suez Canal obstruction ? Modern Expansion and Upgrades 1.
Introduction ? The Suez Canal is an artificial sea-level waterway in Egypt. ? It connects the Mediterranean Sea to the Red Sea. ? It divides Arica and Asia. ? It is a popular trade route between Europe and Asia. Image taken from internet 2.
? The Suez Canal open to traffic in November 1869. ? It is 193.30 km (120.11 miles) long canal. ? It is 78.7 ft.(23.98 m) deep and 672.6 ft.(205.01m) wide. ? It reduces the journey distance from the Arabian Sea to London by approximately 8,900 km. 3.
Image from internet ºÝºÝߣtodoc.com 4
Historical Background ? Napoleon, a famous French leader, thought about making the canal to help France trade with the East. ? Then, a French engineer named Ferdinand de Lesseps got permission from Egypt's ruler to build the canal. ? They started building the canal in 1859 and finished it in 1869. ? Suez canal officially opened 17 November,1869. 5.
Why is the canal so important? ? By 1955 approximately two-thirds of Europe¡¯s oil passed through the canal. ? About 7.5% of world sea trade is carried via the canal today. ? In 2019, 18,880 vessels passed through it. 6.
Economic and Social impacts ? It makes trade between Europe and Asia much faster and cheaper. ? It also helps Egypt make money because ships pay fees to use it. ? It creates jobs and opportunities for the local community. ? The Suez Canal set a new record with annual revenue of $9.4 billion in USD for the fiscal year that ended June 30, 2023. 7.
2021 Suez Canal obstruction ? On 23 March 2021, the Suez Canal was blocked in both directions by the ultra-large Evergreen G-class container ship Ever Given. ? The ship, operated by Evergreen Marine, was enroute from Malaysia to the Netherlands. ? Due to the strong winds, Ever Given turned sideways and completely blocked the canal. 9.
Modern Expansion and Upgrades ? Making the Canal Bigger and Better. ? The New Suez Canal: They even built a new part of the canal called the "New Suez Canal" to make it even faster for ships. ? It's like adding an extra lane to a road to reduce traffic. 10.
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The Suez Canal.pptx

  • 1. The Suez Canal- A Lifeline of Global Trade Present by- Amitesh Ranjan
  • 2. Contents ? Introduction ? Historical Background ? Why is the canal so important? ? Economic and Social impacts ? 2021 Suez Canal obstruction ? Modern Expansion and Upgrades 1.
  • 3. Introduction ? The Suez Canal is an artificial sea-level waterway in Egypt. ? It connects the Mediterranean Sea to the Red Sea. ? It divides Arica and Asia. ? It is a popular trade route between Europe and Asia. Image taken from internet 2.
  • 4. ? The Suez Canal open to traffic in November 1869. ? It is 193.30 km (120.11 miles) long canal. ? It is 78.7 ft.(23.98 m) deep and 672.6 ft.(205.01m) wide. ? It reduces the journey distance from the Arabian Sea to London by approximately 8,900 km. 3.
  • 6. Historical Background ? Napoleon, a famous French leader, thought about making the canal to help France trade with the East. ? Then, a French engineer named Ferdinand de Lesseps got permission from Egypt's ruler to build the canal. ? They started building the canal in 1859 and finished it in 1869. ? Suez canal officially opened 17 November,1869. 5.
  • 7. Why is the canal so important? ? By 1955 approximately two-thirds of Europe¡¯s oil passed through the canal. ? About 7.5% of world sea trade is carried via the canal today. ? In 2019, 18,880 vessels passed through it. 6.
  • 8. Economic and Social impacts ? It makes trade between Europe and Asia much faster and cheaper. ? It also helps Egypt make money because ships pay fees to use it. ? It creates jobs and opportunities for the local community. ? The Suez Canal set a new record with annual revenue of $9.4 billion in USD for the fiscal year that ended June 30, 2023. 7.
  • 9. 2021 Suez Canal obstruction ? On 23 March 2021, the Suez Canal was blocked in both directions by the ultra-large Evergreen G-class container ship Ever Given. ? The ship, operated by Evergreen Marine, was enroute from Malaysia to the Netherlands. ? Due to the strong winds, Ever Given turned sideways and completely blocked the canal. 9.
  • 10. Modern Expansion and Upgrades ? Making the Canal Bigger and Better. ? The New Suez Canal: They even built a new part of the canal called the "New Suez Canal" to make it even faster for ships. ? It's like adding an extra lane to a road to reduce traffic. 10.