Suez Canal Nearly Doubles Capacity To Clear Traffic Jam Of Ships
by Tyler Durden Thursday, Apr 01, 2021 - 10:40 PM The Suez Canal Authority (SCA) is working overtime to clear the massive logjam of vessels at either end of the canal. Chairman of the SCA Osama Rabie told Egypt Today that the canal is being upgraded so as many as 95 vessels per day can transit, a 90% increase from the average flow of 50 ships per day. Inchcape Shipping Services, a maritime services provider, reported Thursday morning as many as 324 vessels were waiting to transit the canal. There were 151 vessels north of Suez, and 173 south of Suez. By the day, ships continue to arrive...
Source: zerohedge.com