Ship blocking Suez Canal moves slightly, unclear when it will refloat
Xinhua |
Updated: 2021-03-28 07:49
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Linking the Mediterranean Sea with the Red Sea, the Suez Canal is a major lifeline for global seaborne trade since it allows ships to travel between Europe and South Asia without navigating around Africa, thereby reducing the sea voyage distance between Europe and India by about 7,000 km.
Some 12 percent of the world trade volume passes through the Suez Canal.
