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The Suez and Panama Canals: Some Considerations

Imagen satelital Canal de Suez

Last Tuesday news, on March 23, in which a container ship diagonally blocked the Suez Canal (southern entrance) and was subsequently released after a series of attempts over six days, raised some questions about the possibility of a similar incident occurring in the Panama Canal.

For this reason, we will present some comparative points (or differentiators) between both canals, in order to understand the dynamics of these waterways and the implications of each one in world trade.

View of the Ever Given vessel during the re-floating works.
Source: CNN/Maxar Techonologies/AP.

Some of the following information comes from a conversation held by Dr. Ricaurte Vásquez Morales, Canal Administrator, with journalists from national media and foreign press correspondents, last Monday, March 29, about the incident in the Suez Canal.

Geographical aspects:

Extension:

Weather conditions:

The pilots:

The size of the ships:

Use of tugs:

Nature of the market:

Is there a risk that the same thing that happened in the Suez Canal will happen in the Panama Canal?

There will always be risks, but the odds are low, since the Panama Canal takes into account all the security measures and protocols established to avoid similar situations. Importantly, safety is one of our fundamental pillars for vessel transit and for our workforce.

How is the risk of incidents during transit through the Canal reduced?

The key is in the maintenance and periodic review of our contingency plans. It should be noted that dredging is constantly carried out in the Culebra Cut (the narrowest part of the Canal that divides the Continental Divide), as well as in the Atlantic and Pacific entrances, to ensure the draft that ships need to transit the waterway. Due to the geological nature of the Culebra Cut, the slopes that generate sedimentation are periodically corrected to keep the bottom of the navigational channel free; so dredging is a permanent task to ensure the reliability of the Canal operation. In addition, sufficient space is maintained between the keel of the vessel and the bottom of the channel to avoid running aground.

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