As Reuters reports, two container ships collided at the northern end of Egypt’s Suez Canal, delaying traffic through a vital global trade route.
Officials report that the German-flagged MV Colombo Express and the Singaporean-flagged MV Maersk Tanjong collided at the mouth of the canal after one of the ships experienced rudder problems. There were no casualties from the accident, but four containers from the Colombo Express tumbled into the sea and the ship sustained a 20-metre (65-ft) dent.
The collision is expected to delay Suez traffic in both directions. Both ships remain parked in the canal lakes as Suez authorities fish the containers out of the water and complete their investigation.
The Suez Canal is one of the world’s most strategic waterways, facilitating much of the maritime trade between Europe and Asia and provides about $5 billion in annual revenue for Egypt.
RCL Agencies will continue to monitor the situation and report further updates once available.