Egypt’s Suez Canal Resumes Traffic After Stranded Oil Tanker Was Towed Away

An oil tanker that reportedly broke down in the Suez Canal has successfully been towed away, Osama Rabie, the Chairman of the Suez Canal Authority (the SCA), informed.

Traffic in both directions had seamlessly resumed after the tugboats managed to move the stranded tanker, he mentioned on Sunday.

Video Credits: WION / YouTube

The SCA team effectively reacted to the unforeseen technical glitch in SEAVIGOUR. This 274-meter oil tanker was flying the flag of Malta sailing via the artificial waterway from north to south, Rabie explained, adding that the tanker would be resuming the passage immediately following the fixation, Xinhua news agency informed.

On Sunday, the SCA dispatched three tugboats to pull the tanker that had caused delays in the Suez Canal.

The Suez Canal is a significant lifeline for global seaborne trade. Almost 12% of the world trade volume passes via the artificial canal, a crucial source of Egypt’s hard currency.

References: Business Standard, S & P Global

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