It is the latest ship to block the canal - a vital route for global trade which earns Egypt billions each year.
In March 2021, container ship the
into a bank on a single-lane stretch, blocking the canal for six days and causing huge delays in global trade.On May 25, a Hong Kong-flagged ship also briefly blocked the canal before being refloated.The canal opened in 1869 and is a crucial trading route for oil, natural gas and cargo. Around 10% of world trade flows through it.
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