An Egyptian court approved the formal seizure of the cargo ship Changci. What signal does this release?

The Suez Canal is too worrying these days. Egypt was also heartbroken by the Suez Canal. The Suez Canal is very important for maritime trade ships. It can communicate the trade between three continents and two oceans, and it is a very convenient and fast maritime traffic artery. Note that this artery means a very important river. The right to operate the Suez Canal was obtained from Britain and France through Egypt's efforts.

Now the Suez Canal is not only an important channel for world maritime trade, but also an important source of income for Egypt. When a transport ship passes through the Suez Canal, Egypt may earn hundreds of thousands of yuan, or US dollars. As long as these ships go from Europe to Asia or Africa, they all choose to pass through the Suez Canal, but it is very convenient here. If they don't pass through the Suez Canal, they may detour through other places. It is better to pay the toll directly to the Suez Canal, because the cost will be higher.

The Suez Canal was blocked for some time, because a transport ship named Ever Given ran aground, and all ships that chose to pass through the Suez Canal were blocked here. Some transport ships choose to bypass the Cape of Good Hope for fear of default, which may take a few more days. It is better to spend more money and avoid detours than to compensate for breach of contract and affect the reputation of the company. Of course, some ships choose to wait in line

I think it's best to wait. Of course, I am wise after the event. After all, the Suez Canal was only closed for six days. Although I said it was only blocked for six days, these six days caused great losses to passing ships, the Suez Canal and even international trade. It has been calculated that if the Suez Canal is blocked for one day, the loss to world trade may reach10 billion dollars, which is still a loss of one or six days, and even more.

1. The Egyptian court approved the formal detention? Long speech? Cargo ship number:

The Egyptian court has officially approved the Suez Canal Authority's application to detain the Ever Given transport ship. Prior to this, the Egyptian Suez Canal Authority also negotiated with the owner of the Ever Given transport ship, and determined that the compensation amount would be changed from US$ 654.38 billion to RMB 900 million. However, the owner of the Ever Given carrier kept delaying and later asked the Suez Canal for a discount of 10%. How could Egypt agree?

Second, what signal does this release:

This shows that the shipowner and the Suez Canal management authorities have not reached an agreement, and it is necessary to confirm that the detention of the transport ship is legal through legal procedures. If the shipowner in Ever Given can't make reasonable compensation, the ship may be detained for a long time, and we don't know what will happen afterwards.

Third, summary:

I hope the Suez Canal authorities and Ever Given shipowners can properly handle this incident, clarify their responsibilities and pay compensation. The most important thing is to avoid similar incidents in the future. After all, it's not easy for anyone, and world trade can't stand the toss anymore.