Tuesday, October 27, 2009

Decided to major shipping companies in the world to divert tankers from the Suez Canal to the Cape of Good Hope after the incidents of piracy, which hit the tankers, in the recent period.

Sources in the shipping industry: the piracy off the coast of Somalia prolong delivery times of goods and resources and may cause a decrease in stocks of essential goods.

Joined TE. M. T-Taiwan, one of the largest shipping companies in Asia on Tuesday to the growing list of companies that are diverting their means of delivery to the Cape of Good Hope because of fears of attacks in the Gulf of Aden.

The company's fleet, composed of 20 vessels is regularly used to transport crude oil from the Middle East to consumers in Europe.

Shipping agents said: The decisions of the major shipping companies to avoid the Suez Canal and the behavior of the longer path around the Cape of Good Hope, would add 15 days to ferry oil from the Gulf to the Mediterranean refiners, which is equivalent to twice the time and the time normally the case.

They added that the flights transporting crude oil and petroleum products from Gulf to consumers in Northern Europe will increase 14-day period in addition to the 19-day duration of the habit through the Suez Canal.

Increased costs:

Have warned in the field of maritime transport of major consequences for international seaborne trade, including high transport costs and maintenance.

Said Rob Lomas Intercargo of the Association, which represents owners of vessels to transport dry goods: "There will be some impact of the spreading on a stock. But it differs from a commodity to another."

The organization has any. A. Gibson freight brokerage in a report highlighting the risk to oil markets: "In the case of crude oil .. The quantity to be issued from the Middle East to Europe, amounting to 2.2 million barrels per day, with almost all of the Suez Canal."

She added that 300 thousand barrels per day at least distillation products such as diesel and heating oil flowing from the Gulf and Asia to Europe via the Suez Canal.

There is no impact on consumers in North America and South America as companies go commercial fleets in the habit of rotation around the Cape of Good Hope.

Joined T. Or. T to the state. AP Moller - Maersk ODVILL declared that the Danish and Norwegian for the transfer of chemicals and Svitzer the world's largest ships to run the country as well as a large company to transport liquefied natural gas already taken the decision to transfer routing

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