Egypt is studying further expansions of the Suez Canal
NewsThese considerations arise amidst a significant decline in revenue, attributed to shipping companies bypassing the Canal due to attacks by Houthi militants.
The Egyptian government has unveiled a plan to widen the 30 km southern part of the Suez Canal, where the ever given became grounded, by 40m and to deepen it by 2m to 22m. The work is expected to take two years to complete. More capacity will also be added by extending the existing 72 km double-lane central section of the canal by 8 km.
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