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Egypt’s Suez Canal Authority Says Monitoring Tensions in Red Sea
Egypt’s Suez Canal Authority said it’s “closely following” tensions in the Red Sea and any impact on canal crossings, after Yemeni militant attacks on vessels hundreds of miles to the south prompted major shipping lines to temporarily avoid the region. Since Nov. 19, 55 ships have diverted to use the Cape of Good Hope route between Europe and Asia rather than the canal, SCA Chairman Osama Rabie said Sunday in a statement. So far that’s a small proportion of the 2,128 vessels that crossed Egypt’s waterway in the same period, he said. Attacks by Houthi militants on merchant ships off Yemen’s coast have ... (full story)