AIRLINK 185.19 Decreased By ▼ -6.93 (-3.61%)
BOP 9.93 Decreased By ▼ -0.18 (-1.78%)
CNERGY 7.29 Decreased By ▼ -0.20 (-2.67%)
FCCL 36.64 Decreased By ▼ -1.00 (-2.66%)
FFL 14.53 Decreased By ▼ -0.45 (-3%)
FLYNG 24.92 Decreased By ▼ -0.21 (-0.84%)
HUBC 126.83 Decreased By ▼ -0.25 (-0.2%)
HUMNL 13.07 Decreased By ▼ -0.34 (-2.54%)
KEL 4.32 Decreased By ▼ -0.11 (-2.48%)
KOSM 6.06 Decreased By ▼ -0.11 (-1.78%)
MLCF 42.89 Decreased By ▼ -1.36 (-3.07%)
OGDC 195.44 Decreased By ▼ -4.44 (-2.22%)
PACE 6.29 Decreased By ▼ -0.27 (-4.12%)
PAEL 37.96 Decreased By ▼ -1.18 (-3.01%)
PIAHCLA 16.90 Decreased By ▼ -0.18 (-1.05%)
PIBTL 7.79 Decreased By ▼ -0.02 (-0.26%)
POWER 9.39 Decreased By ▼ -0.22 (-2.29%)
PPL 167.89 Decreased By ▼ -4.39 (-2.55%)
PRL 34.02 Decreased By ▼ -0.57 (-1.65%)
PTC 22.51 No Change ▼ 0.00 (0%)
SEARL 103.97 Increased By ▲ 1.20 (1.17%)
SILK 1.19 Increased By ▲ 0.16 (15.53%)
SSGC 35.95 Decreased By ▼ -1.51 (-4.03%)
SYM 18.10 Increased By ▲ 0.13 (0.72%)
TELE 8.02 Decreased By ▼ -0.19 (-2.31%)
TPLP 11.63 Increased By ▲ 0.05 (0.43%)
TRG 66.16 Decreased By ▼ -0.31 (-0.47%)
WAVESAPP 12.13 Increased By ▲ 0.11 (0.92%)
WTL 1.52 Decreased By ▼ -0.06 (-3.8%)
YOUW 3.81 Decreased By ▼ -0.09 (-2.31%)
BR100 11,562 Decreased By -188.6 (-1.61%)
BR30 33,972 Decreased By -680.5 (-1.96%)
KSE100 110,301 Decreased By -1634.2 (-1.46%)
KSE30 34,387 Decreased By -638 (-1.82%)

CAIRO: The Suez Canal Authority (SCA) has started dredging work to extend a second lane that allows for two-way traffic in a southern section of the canal near to where a giant container ship got stuck for six days in March, it said on Saturday.

The SCA announced this week that it was planning to extend a second canal lane that opened in 2015 by 10 km to make it 82 km long, and would widen and deepen a single lane stretch at the southern end of the canal.

The work had begun following directives from Egyptian President Abdel Fattah al-Sisi "to immediately start implementing the proposed development plan and put in place a timetable for completion as soon as possible", the SCA said on Saturday.

The grounding of the 440-metre Ever Given container ship in a southern section of the canal from March 23-29 delayed the passage of hundreds of vessels through the waterway, disrupting global trade.

The Ever Given, still loaded with thousands of containers, is being held in the Great Bitter Lake between two stretches of the canal, amid a dispute over an SCA compensation claim against the ship's Japanese owner Shoei Kisen.

Comments

Comments are closed.