Analysts: Israeli railroad will relieve Suez

The Israeli Red-Med railroad that will be constructed over the next five years will become a competitor to the Suez Canal, though primarily in the regional and local container traffic, according to analysts.
Photo: Leth Suez
Photo: Leth Suez
BY LOUISE VOGDRUP-SCHMIDT

At the Panama Canal there is a railroad that covers the same stretch on land, and which handles the local container traffic - the traffic that container feeder carriers would otherwise handle, for instance. The same could happen with the new railroad link Israel plans to establish from the Red Sea to the Mediterranean. The railroad has already been named the Red-Med, and it could end up taking over part of the local container traffic in the region, Lars Jensen of SeaIntel and Jacob Guldager of Leth Agencies tell ShippingWatch.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading