Energy Seminar – Week 4 TT24: Substitution of the Suez Canal and Bab El Mandeb Strait with the new Mesopotamian Canal. Bypassing the Strait of Hormuz.
Xhevair Ngjeqari
- Start Tuesday 14 May 2024 5:00pm
- Finish Tuesday 14 May 2024 6:30pm
- Venue Dyson Perrins Building
- Postcode OX1 3AN
- Register for event
THIS IS AN IN PERSON AND ONLINE EVENT
Summary: Since 1869, reliance on maritime global trade, spanning from the Mediterranean Sea to the Indian Ocean via the Suez Canal, Bab el Mandeb, and the Strait of Hormuz, has faced persistent challenges due to geopolitical tensions. The blockade of the Suez Canal from March 23 to 29, 2021, resulted in staggering losses of up to $400 million per hour or $9.6 billion per day, starkly emphasizing the critical need for alternative maritime routes.
Waterways Engineers Ltd. proposes two transformative projects to address these issues: the Mesopotamian Canal, providing a direct link from the Mediterranean Sea to the Persian Gulf, reducing the route by 3000 km, and alternative channels in the Musandam Peninsula and the UAE, aiming to bypass the Strait of Hormuz, shortening maritime routes by up to 200 km and ensuring safe navigation.
These initiatives signify a paradigm shift in global maritime trade, offering solutions to longstanding challenges and reshaping trade dynamics. Waterways Engineers Ltd. is dedicated to spearheading these transformative efforts, ushering in a new era of maritime connectivity and economic prosperity.
Speaker: Eng. Xhevair Ngjeqari, founder of Waterways Engineers Ltd in the UK and Professor at the European University of Tirana, boasts over four decades of senior expertise in transportation infrastructure. Renowned for contributions to Albanian relief, Euro-Balkan multimodal transportation corridors, and pioneering research on new global green maritime trade routes. He has authored six books and over 100 articles. His project Europort of Shengjini was named the best project of the year by 100 World Finance in 2009. Currently, his research focuses on developing global maritime routes for the next 100 years, exploring potential replacements for the Suez Canal and Bab el Mandeb with projects like the Mesopotamia and UAE Canals, promising a transformative shift in global trade.