4 years ago

Suez Canal temporarily halts navigation

The owners of a giant container vessel blocking the Suez Canal said on Thursday that they were facing “extreme difficulty” refloating it, prompting Egypt to suspend navigation through one of the world’s busiest shipping lanes. Japanese ship-leasing firm Shoei Kisen Kaisha said it owned the giant vessel and was facing “extreme difficulty” trying to refloat it. “In co-operation with local authorities and Schulte Shipmanagement, a vessel management company, we are trying to refloat, but we are facing extreme difficulty,” Shoei Kisen Kaisha said in a statement on its website. As shipping specialists warned it could take days or even weeks to budge the vessel, the Suez Canal Authority announced it was “temporarily suspending navigation”.

The Hindu
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