Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces...
“Today … the line is 45 ships, which represents a maximum waiting time of two days,” the Panama Canal Authority (ACP) said in a statement, noting that better weather and extra funding aimed at freeing up the traffic had reduced the bottleneck.
The ACP said the problems caused delays of more than 10 days in October and though they were easing by-mid November, the delays were beyond the 24-to-36 hour normal waiting times.
Tracking systems showed that at the height of the delays, more than 130 ships were held up at the canal’s two anchorages, prompting some companies to complain. (Reporting by Elida Moreno; Editing by Jeffrey Benkoe)
(c) Copyright Thomson Reuters 2015.
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