Suez Canal Crisis 2024 Impact. Recent figures show that the number of ships crossing through the canal has plummeted by 66% since carriers began. However, when considering that during the previous year some 22,000 ships sailed through the strait, protecting 250 vessels is a very small number.
The suez canal is a vital link for international shipping and accounts for between 12 and 15 per cent of global trade and about 20 per cent of container trade. Upon its construction, the suez canal became the lifeline for all trade between the east and the west.