Shipping and commodities. Working on Marhelm.
https://t.co/fL4gUHuHGx
Dec 15, 2023 • 8 tweets • 3 min read
Red Sea, Suez Canal, and Attacks on Marine Traffic
While it is true that VLCCs cannot fit through the Suez Canal, many partially discharge into the SUMED Pipeline and top-off on the other side
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The Suez-Mediterranean pipeline, known as Sumed, has the capacity of 2.5 million barrels of oil per day. The pipeline was financed by a consortium of Arab countries, primarily Saudi Arabia, Kuwait, and Egypt and completed in 1977 2/x