Egypt's Sisi Promises Investment to Avoid Another Suez Closure

Ships have been stuck in a maritime traffic jam either side of the Ever Given. (AFP)
Ships have been stuck in a maritime traffic jam either side of the Ever Given. (AFP)
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Egypt's Sisi Promises Investment to Avoid Another Suez Closure

Ships have been stuck in a maritime traffic jam either side of the Ever Given. (AFP)
Ships have been stuck in a maritime traffic jam either side of the Ever Given. (AFP)

Egyptian President Abdel Fattah al-Sisi pledged Tuesday investment to avoid any repetition of the past week's closure of the Suez Canal as he paid a celebratory visit to the reopened trade artery.

The promise came a day after the refloating of the giant container vessel MV Ever Given, which hit the eastern bank of the narrow shipping lane last Tuesday and became wedged diagonally across its span for nearly a week.

"We will acquire all the necessary equipment for the canal" to avoid similar incidents, Sisi said during a visit to Ismailia, home to the Suez Canal Authority.

He did not specify what hardware would be bought, but SCA chief Osama Rabie has cited the need for both dredgers and new tugboats in comments to media.

Egyptian authorities have presented the freeing of the megaship as a vindication of the country's engineering and salvage capabilities.

Traffic on the canal, a conduit for over 10 percent of world trade, began moving again on Monday evening, after tailbacks totaling 425 ships built up to the north and south.

On Tuesday morning, maritime tracking sites showed ships with capacity of up to 200,000 tons -- a similar size to the Ever Given -- navigating the narrow waterway.

Widening ruled out
But many more cargo ships were seen waiting at its two entrances, in the Mediterranean and the Red Sea. The SCA says it will take over three days for the tailbacks to clear.

Maritime data company Lloyd's List said the blockage had held up an estimated $9.6 billion worth of cargo each day between Asia and Europe.

The near week-long blockage has left Egypt facing scrutiny over how to avoid another similar crisis.

But both Sisi and the SCA have been quick to rule out a widening of the southern section of the canal, where the blockage occurred.

"Economically, it would not be useful," he said.

Egypt spent more than $8 billion on widening a segment and creating a second lane on a northerly stretch in 2014-15.

Professor Jean-Marie Miossec, a maritime transport expert at France's Paul-Valery University in Montpellier, said it would "be prudent... to only authorize (passage) by small and medium sized ships at nightime," restricting oil tankers and other very large ships to daylight hours.

The giant Panamanian-flagged vessel operated by Taiwanese Evergreen Marine Corporation was stranded after running aground on the east bank of the waterway in a sandstorm.

Helped by tugboats, it has been shifted out of the path of other ships, and was anchored late Monday ahead of an investigation.

"The owners and operators of the... ship and other interlocutors will be involved" in the probe, Angus Blair of the American University in Cairo, told AFP.

The clearance operation required over 10 tugs, as well as dredgers.

"Between 180 and 200 people worked tirelessly 24 hours a day" on site, a canal official told AFP on condition of anonymity.

Picking up the tab
Ahmed Abbas, a Suez Canal employee, shared live footage from the scene on his Facebook account as the ship was refloated, exclaiming: "Praise be to God, the vessel is finally out! Well done to the SCA boys!"

Up to "2,000 workers" provided "outside services", the employee added.

"The determining factor is that we dug deeper under the bow of the ship and widened to form a pool of water below" at a depth of about 12 meters (yards), he revealed.

Elsewhere, salvage teams dug up to 18 meters.

Egypt lost between $12 and $15 million in revenues for each day the waterway was closed, according to slightly revised SCA figures.

It is seeking to recover some of its losses, stretching also to damage to the canal generated by the intensive rescue efforts.

"Litigation is likely to ensue to determine legal responsibility for the Ever Given blocking the canal," said Marcos Alvarez of credit ratings agency DBS Morning Star.

"Indications are that the responsible partners would include the owner of the ship, its operator, and the Suez Canal Authority, which requires local pilots to guide ships through the canal."

The crisis forced shipping firms to choose between waiting or rerouting vessels around the southern tip of Africa, which adds 9,000 kilometers (5,500 miles) and more than a week of travel to the trip between Asia and Europe.



Naim Qassem: Hezbollah’s Capabilities Intact, More Israelis Will be Displaced

Hezbollah deputy leader Sheikh Naim Qassem delivers a speech, from an unknown location, October 8, 2024 in this still image from video. ReutersTV/Al Manar TV via REUTERS
Hezbollah deputy leader Sheikh Naim Qassem delivers a speech, from an unknown location, October 8, 2024 in this still image from video. ReutersTV/Al Manar TV via REUTERS
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Naim Qassem: Hezbollah’s Capabilities Intact, More Israelis Will be Displaced

Hezbollah deputy leader Sheikh Naim Qassem delivers a speech, from an unknown location, October 8, 2024 in this still image from video. ReutersTV/Al Manar TV via REUTERS
Hezbollah deputy leader Sheikh Naim Qassem delivers a speech, from an unknown location, October 8, 2024 in this still image from video. ReutersTV/Al Manar TV via REUTERS

Hezbollah’s acting leader Sheikh Naim Qassem said Tuesday more Israelis will be displaced as the group expands its rocket fire deeper into Israel.

In a defiant televised statement on Tuesday, Qassem said Hezbollah's capabilities are still intact despite weeks of heavy Israeli airstrikes and that it has replaced slain commanders.

Qassem said that the Iran-backed group's fighters were pushing back Israeli ground incursions, despite the "painful blows" inflicted by Israel in recent weeks.

“We are firing hundreds of rockets and dozens of drones. A large number of settlements and cities are under the fire of the resistance,” Qassem said. “Our capabilities are fine and our fighters are deployed along the frontlines."

He said Hezbollah's top leadership was directing the war and that the commanders slain by Israel have been replaced, saying “we have no vacant posts.”

He said that Hezbollah will name a new leader to succeed Hassan Nasrallah, who was killed in an Israeli airstrike in an underground base in Beirut’s southern suburbs last month, “but the circumstances are difficult because of the war.”

Qassem added that the group supported the efforts of Lebanese Parliament Speaker Nabih Berri to secure a ceasefire, without providing further details on any conditions demanded by Hezbollah.

"We support the political activity being led by Berri under the title of a ceasefire," Qassem said in the 30-minute televised address.
"In any case, after the issue of a ceasefire takes shape, and once diplomacy can achieve it, all of the other details can be discussed and decisions can be taken," he said. "If the enemy (Israel) continues its war, then the battlefield will decide."

Qassem also said the conflict between Hezbollah and Israel was a war about who cries first, and that Hezbollah would not cry first.