June 20, 2024 12:22 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Sending shockwaves, man kills girlfriend in full public view with a spanner in Mumbai | 'It will be you versus me in Maharashtra polls': Uddhav Thackeray challenges PM Modi | With Modi's re-election, Justin Trudeau wants to engage on some 'very serious issues' | Fire breaks out at iconic Hollong Bungalow in Bengal's Jalpaiguri | Portion of under-construction bridge collapses in Bihar's Araria
Oil tanker stuck in Suez Canal after breakdown, causing major traffic disruption in the international waterway
Suez Canal
Image Credit: wikipedia.org

Oil tanker stuck in Suez Canal after breakdown, causing major traffic disruption in the international waterway

| @indiablooms | 05 Jun 2023, 12:56 am

Cairo: A curd oil tanker named Seavigour, bearing the flag of Malta, suffered a mechanical breakdown at the 12-kilometer mark of Egypt's Suez Canal on Sunday, AP reported citing Egyptian authorities.

The incident occurred in a single-lane section of the canal, leading to disruptions in the flow of traffic through the vital global waterway, said Egypt's Suez Canal Authority spokesperson George Safwat.

He stated that three tugboats were dispatched by the canal authority to tow the curd oil tanker and enable the passage of other vessels through the waterway.

The tanker was a member of the north convoy, which traverses the Suez Canal from the Mediterranean Sea to the Red Sea, he added.

Sunday's incident involving the curd oil tanker is the most recent occurrence of a vessel encountering difficulties in the crucial Suez Canal. In recent years, there have been several instances of ships running aground or experiencing mechanical issues in the canal.

On May 25, a Hong Kong-flagged ship temporarily blocked the waterway, while on March 5, a Liberia-flagged ship ran aground but was later refloated.

On March 202, the Panama-flagged Ever Given, a massive container ship, collided with a bank in a narrow section of the canal, leading to a six-day blockage and significant disruptions to global trade.

The Suez Canal, established in 1869, serves as a vital connection for the transportation of oil, natural gas, and cargo.

It plays a critical role in global trade, facilitating approximately 10% of the world's trade volume.

As a major source of foreign currency for the Egyptian government, the canal's economic importance cannot be overstated.

In 2022, the Suez Canal Authority reported a substantial increase in vessel traffic, with 23,851 ships passing through the waterway compared to 20,649 in 2021.

This surge in activity contributed to record-breaking revenue of USD 8 billion for the canal, marking the highest earnings in its history.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.