Cargo ship refloated successfully after ‘simple malfunction’ in Egypt’s Suez Canal – Egypt Today

Cargo ship refloated successfully after ‘simple malfunction’ in Egypt’s Suez Canal – Egypt Today

CAIRO – 9 January 2023: Egypt’s Suez Canal Authority said, Monday that ‘Glory’ Cargo ship has been refloated successfully after ‘simple malfunction’ did not affect the navigational movement at the strategic waterway.

In a televised statement, Monday Chairman Osama Rabie denied that ‘Glory’ cargo ship ran aground as he confirmed that it’s a ‘simple’ malfunction in the ship itself.

Sources told Al Qahera news channel, Monday morning that a cargo ship has been ran aground, however shortly after, the ship was towed by tugboats.

Rabie confirmed in his statements that the malfunction was very simple and that the canal is always ready and equipped to face similar problems.

Last December, Egypt’s House of Representatives approved in principle to a draft law presented by the government on amending some articles of Law 30 of 1975 on the Suez Canal Authority system.

The approval came during a session under Speaker Hanafi Gebali.

The amendment aims at establishing a fund belonging to the authority and increasing its capabilities to contribute to achieving sustainable economic development and make use of the fund's money as well as enabling the fund to purchase, sell, hire and exploit assets in the best way.

The amendment also aims at enabling the authority to deal with