Article on using Suez canal oppose to using the Panama canal

What the author of this article seems to ignore is where the Suez Canal is located. The canal sits literally on a powder keg. The next crisis in the Middle East or just in Egypt itself could close the canal for any length of time. During the Suez Crisis in 1956 Egypt sank 40 ships in the canal. The 1967 Middle East War only lasted 6 days, but the Suez Canal remained closed for the next 8 years. During those 8 years 14 cargo ships sat trapped in the canal. After 8 years those abandoned ships were little more than floating piles of rusted metal, not to mention all the merchandise aboard. If that were to happen again today, anyone want 8-year old cans of Malaysian pineapple chunks or how about “brand new” 8-year old Lenovo computers? And as far as insurance goes, read the fine print: No coverage for loss due to acts of war or civil disturbances. These are expensive risks shipping companies take when moving traffic from the Panama Canal to the Suez Canal.

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