# Enlargement of Egypt's Suez Canal has immediate effects on commerce, trade - Africa 2017 - Oxford Business Group

> The expanded Suez Canal, completed in one year, now has wider and deeper channels that accommodate 92% of existing vessels. The project also includes a new channel to the East Port Said container terminal.

- Date: 2017-03-18 · published 2017-03-18T12:00:00.000Z
- Category: logistics · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/71883-enlargement-of-egypt-s-suez-canal-has-immediate-effects-on-commerce-trade
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Faster transit and larger vessel access may modestly lower shipping costs for grain moving through Suez, though the effect on feed prices is indirect.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- oxfordbusinessgroup.com: https://oxfordbusinessgroup.com/reports/egypt/2017-report/economy/full-steam-ahead-the-enlargement-of-the-suez-canal-is-having-immediate-effects-on-commerce-and-trade

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.