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Egypt Boosts Suez Security as Foiled Attack Shows Risks

Egyptian authorities moved to bolster security along the Suez Canal after a foiled attack on a ship traversing the waterway that handles about 8 percent of world trade spotlighted new threats confronting officials after Mohamed Mursi’s ouster.

The failed Aug. 31 attack on the Panama-registered Cosco Asia didn’t damage the ship or its cargo, Suez Canal Authority head Mohab Mamish said in a statement yesterday. The military dealt “decisively” with the attempt, he said, without giving details.