Canals in Negative News# Export Problem → Red Sea Attacks by Houthi Rebels (2023-Dec)
- 1869 : Suez Canal constructed in 1869 in Egypt between Port Said in the north and Port Suez in the south
- It links the Mediterranean Sea and the Red Sea.
- 2023-Dec Yemen-based Houthi rebels started attacking ships in Red Sea to protest Israel’s military offensive in Gaza.
- Consequently, Indian ships may have to travel via Africa to reach Europe. (Instead of Red Sea/ Suez Canal Route)
- This will increase both the travel-time and shipping-cost in exporting the goods, esp. agriculture / Basmati-rice etc.
# Export Problem → Panama Canal Drying (2023)
- 1914: Panama Canal connects the Pacific and Atlantic Oceans.
- 2023: Shipping via the Panama Canal has dropped by over 50% due to drought conditions/ shortage of water.
- Consequently, ships may have to travel via South America.
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