Egypt may offer discounts for ships left stranded by Suez Canal blockage ...News

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Egypt may offer discounts for ships left stranded by Suez Canal blockage
source : Russia Today ( News ) () 14
The state-owned authority operating the Suez Canal is considering some financial initiatives for vessels that were unable to pass through the vital waterway blocked by a skyscraper-sized container ship. The Ever Given, which has been stuck in the canal since Tuesday, created a backlog of nearly 370 vessels, including 25 oil tankers, Osama Rabie, head of the Suez Canal Authority, told Al Arabiya on Sunday. He added that the authority is working to meet the logistical needs of the stuck vessels and may provide discounts for them. Rabie did not elaborate on the details of the initiative, and it is unclear which ships would qualify for it.

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