The disappearance of traffic congestion on the Suez Canal

Egypt begins to reduce traffic congestion on the Suez Canal.

More than 80 ships carrying a total of 4.8 million tons crossed the Suez Canal in both directions today, according to the SCA Authority for the important sea route.

Admiral Osama Rabie, head of the Securities and Commodities Authority, said in a statement that navigation continues 24 hours a day to ensure the passage of all ships in the waiting areas or at the northern and southern entrances as soon as possible.

The official stressed that the new ships are waiting for their turn, and from this standpoint, he thanked the customers for their confidence.

“We have returned to work with full capacity and take the necessary measures to regulate the traffic,” Rabie said, adding that the traffic jam, which lasted for about a week, proved the ability of the Securities and Commodities Authority to solve this type of crisis quickly.

Today, Tuesday, President Abdel Fattah El-Sisi visited the Maritime Simulation and Training Center of the Securities and Commodities Authority in Ismailia, and renewed his thanks to the Egyptians who participated in the rescue efforts.

Rabei pointed out in this regard that the appearance of the President has become a motive and a “medal” for all the members of the Authority.

Concerning the ongoing investigations into the accident with the ship MV Evergiven, now anchored in the Bitter Lakes region, The SCA is waiting for the ship’s crew to voluntarily hand over the black box, otherwise it becomes a civil suit.

Questions focus on compensation, as the blockade caused losses that exceeded $ 9.6 billion a day due to the preservation of goods.

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In the case of Egypt, the Suez Canal, one of the vital engines of its economy, has stopped earning $ 13 million a day.

The economic consequences of the Suez blockade will take months to overcome

(With information from Prensa Latina)

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