18:30
Reported

News Brief

  1/26/2012, Shevat 2, 5772

Israeli Ships Switch Flags When Sailing thru Suez Canal


A sharp decline was reported in the number of ships sailing through the Suez Canal under the Israeli flag in 2011, with only seven making the trip, compared to 15 in 2010, according to the Port and Port Website. Total freight tonnage was down 91 percent, from 166,000 tons to 15,000 tons.

A senior source in Egyptian shipping said the level of Israeli shipping did not go down but that Israeli ships switch from Israeli flags to international flags for security reasons when making the trip. It was also reported that Wednesday's anniversary of the revolution that ousted former president Hosni Mubarak was marked by record ship traffic and cargo volume on the canal.