Admiral Mohab Mameesh welcomed Ambassador Nabila Makram, the Minister of Immigration, and the Australian ambassador in Egypt in the Suez Canal simulation building. He presented them with a film that simulates the Suez Canal project and achievements. Mameesh stated that the Suez Canal is the lifeblood of global trade and the Egyptian economy. He added that millions of Egyptians have contributed with their relentless efforts to gift the whole world, not just Egypt, the Suez Canal. He also noted that all the wars and obstacles that Egypt has confronted, were witnessed by the Suez Canal, stressing that the next battle is economical not martial.
He added that the transit of vessels has reached from 18 to 20 thousand vessels annually. Recently, a new parallel Suez Canal has been established to facilitate navigation and to cut the average transit time from 22 hours to 11 hours, stressing that we were able to excessively speed up services for the entire world.
He noted that one of the flaws that the Suez Canal struggled with in the past was the hindrance of the transit process due to the breaking down of a single vessel. Additionally, he asserted that the Canal’s revenues have increased over the past few years