Shipping losses mount from cargo vessel stuck in Suez Canal ...Middle East

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Shipping losses mount from cargo vessel stuck in Suez Canal
ISMAILIA, Egypt (AP) — Dredgers, tugboats and even a backhoe failed to free a giant cargo ship wedged in Egypt’s Suez Canal on Thursday. More than 150 vessels are now backed up, with hundreds more headed to the vital waterway, and losses to global shipping are mounting.

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