.jpg) |
FORTY-FIVE ships transited the Suez Canal on July 4, according to the canal authority though many transport auxiliary services and related government offices have shut down in the civil strife that has gripped Egypt.
Philidelphia-based logistics provided BDP International said its Egyptian partner Sea & Air International Shipping and Forwarding, has shutdown international cargo activity since June 30, Transportation authorities and government ministries, have been closed since July 3.
But both sides in the conflict recognise the importance of the canal to Egypt's economy, CNBC reports.
Suez Canal Authority chief Mohab Mohamed Hussien Mameesh said navigation was normal on July 3 with the passage of the 11,000-TEU Eugen Maersk was the largest northbound vessel and the 130,059 dwt LNG carrier Unn Slal was the largest southbound.
Concerns over a threat to shipping via the Suez Canal had sent oil prices higher last week, but they have since dropped from earlier spikes.
Much oil tanker traffic uses the canal, and container lines have been shifting more of their all-water services from Asia to the east coast of the US via Suez.
But the Suez Canal Authority is warning customers not to respond to e-mails sent from "@suezcanalauthority.com," as the official e-mail extension is "@suezcanal.gov.eg."
Asian Shipper News
|
Login
