Iranian and Indian officials suggest the route would significantly cut shipping time and costs from India to Europe. Senior Indian Commerce Ministry official B B Swain said the hook up would reduce travel distance by 40 and cost by 30 percent. If successful, the Iranian push, backed by Russia and India, would anchor attempts by Iran to project itself as opposed to Saudi Arabia and the United Arab Emirates as the key Middle Eastern player in Russian and Chinese ploys for regional dominance. The Iranian-Indian-Russian push suggests that Iran is playing multiple cards in the geopolitical jockeying for the future of Eurasia amid much speculation about a draft Iranian proposal for a year strategic partnership with Beijing that if agreed and implemented would inextricably hook the Islamic republic to China. Suez Canal Authority spokesman George Safwat dismisses assertions by Iranian and Russian officials that the link would cut shipping time from 40 days through the Suez Canal to somewhere between 25 and 28 days. Speaking to Al-Monitor , Mr.
Flying Under the Radar: Iranian Alternatives to Suez and Belt and Road
China-Iran pact paves way for alternative to Suez - Asia Times
Published by The Maritime Executive. For a long time, Russian President Vladimir Putin has been promoting the passage along the country's Siberian coast as a competitor to the Suez Canal, and Russia is seizing on the route's shutdown as an opportunity to play it up again. As per Rosatom's English Twitter handle, the first reason was that the Arctic passage provides "way more space to draw peculiar pictures using your giant ships. The second reason, according to Rosatom is that "If you get icebound, we have icebreakers, well to break the ice. As for the third reason, the company posted an image from the movie series "Austin Powers" with the show's main character stuck in a shuttle car, reversing back and forth in a narrow tunnel. Due to global warming, the Northern Sea Route is becoming increasingly free of ice.
Suez Canal crisis will lead to lingering logistics disruption
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One of the largest container ships in the world has been partially refloated after it ran aground in the Suez canal , causing a huge jam of vessels at either end of the vital international trade artery. The ,ton, metre-long Ever Given — a so-called megaship operated by the Taiwan-based firm Evergreen — became stuck near the southern end of the canal on Tuesday. Eight tugboats were working to free the vessel, blocking a lane key to Asia-Europe trade through which about 50 ships a day passed in , according to Egyptian government statistics. GAC, a Dubai-based marine services company, said the Ever Given had been partially refloated and moved alongside the canal bank, citing information from the SCA.