Egypt’s SUMED pipeline operator has approached oil traders to ask if they wanted to book their system to transport crude oil as a blockage of the Suez Canal by a container ship drags, three trading sources told Reuters on Thursday.
The pipeline links the Red and Mediterranean Seas.
Low tide slows work to clear Suez Canal ship blockage; traffic jam buildsLow tide overnight has slowed efforts to dislodge a 400-meter long, 224,000-ton container vessel that has choked traffic in both directions along the ... World News
Suez Canal ‘temporarily suspending navigation’ until cargo is reloaded: OfficialsThe Suez Canal temporarily suspended traffic on Thursday as efforts to dislodge a 400 m (430 yard) long container vessel that has blocked the waterway ... Middle East
Japanese owner of cargo ship stuck in Egypt’s Suez Canal issues apologyThe Japanese owner of a skyscraper-sized cargo ship wedged across Egypt’s Suez Canal has apologized for the incident that’s imperiling global shipping ... Middle East