Ships are passing normally and without delay through the Suez Canal, even as protests in Egypt continued for a seventh day, the head of traffic for the waterway’s operator said today.
More than 4 million barrels a day of crude oil, or 4.5 percent of global output, are shipped through the canal or the Sumed pipeline that runs adjacent to it, according to New York- based McQuilling Services LLC. The world’s longest man-made waterway, at 120 miles (190 kilometers), the canal is the fastest passage from the Atlantic Ocean to the Indian Ocean.
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More than 4 million barrels a day of crude oil, or 4.5 percent of global output, are shipped through the canal or the Sumed pipeline that runs adjacent to it, according to New York- based McQuilling Services LLC. The world’s longest man-made waterway, at 120 miles (190 kilometers), the canal is the fastest passage from the Atlantic Ocean to the Indian Ocean.
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