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Suez : Canal must upgrade quickly to avoid future disruption - shipping sources
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Suez Canal Urged to Upgrade Quickly to Avoid Future Disruption – gCaptain
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Suez Canal: Egypt seeking $1bn compensation for ship blockage
About 15 percent of world shipping traffic transits the vital waterway, a critical source of foreign currency revenue for the country
A picture released by Egypt s Suez Canal Authority on 29 March shows a man waving the Egyptian flag after the MV Ever Given container ship was fully dislodged from the banks of the Suez (AFP) By Published date: 1 April 2021 15:45 UTC | Last update: 1 hour 14 min ago
Egypt should receive more than one billion dollars in compensation from the company that owned the ship that blocked the Suez Canal, the waterway s managing body has said.
Suez Canal must upgrade quickly to avoid future disruption: shipping sources
By Jonathan Saul and Patrick Werr
Reuters
CAIRO (Reuters) - Egypt s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six-day closure.
International supply chains were thrown into disarray on March 23 when the 400-metre-long (430-yard) container ship Ever Given ran aground in the canal, with specialist rescue teams taking almost a week to free her after extensive dredging and repeated tugging operations.
Egypt will get two new tugboats, one next week and one in August, Suez Canal Authority (SCA) chairman Osama Rabie said after the ship was finally freed, as well as taking the biggest dredger in the Middle East and arranging for a further five new Chinese tugboats.
Maritime Activity Reports, Inc. April 1, 2021
Illustration of the Ever Given blocking the Suez Canal - Credit: Corona Borealis/AdobeStock
Egypt s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six-day closure.
International supply chains were thrown into disarray on March 23 when the 400-meter-long (430-yard) container ship Ever Given ran aground in the canal, with specialist rescue teams taking almost a week
Egypt will get two new tugboats, one next week and one in August, Suez Canal Authority (SCA) chairman Osama Rabie said after the ship was finally freed, as well as taking the biggest dredger in the Middle East and arranging for a further five new Chinese tugboats.
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