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In an effort to avoid a repeat of the event like The Ever Given, a cargo ship which was struck in Egypt, the Suez Canal Authority (SCA) has announced that it had started dredging work to widen and deepen the southern part of the canal. In March, world trade was thrown into chaos after The Ever Given, a container ship, ran aground in the Suez Canal in Egypt. It was stuck for over six days, disrupting global supply chains. The 30-kilometer-long area will be widened by 40 meters (131 feet) to the east and deepened to 72 feet, up from 66 feet, according to the SCA, reported the CNN. ....
Read more about Suez Canal blockade: Egypt demands $550 mn from Japanese cargo ship owner on Business Standard. Egyptian authorities are demanding 550 million US dollars in compensation from the Japanese owner of a cargo ship that blocked the Suez Canal for nearly a week in March ....