Suez Canal Chief Proposes Widening, Deepening Vital Waterway

Widening Suez Canal May Make Sense: Genco Shipping CEO
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Egypt’s Suez Canal Authority plans to widen and deepen parts of the waterway to improve the movement of ships in the area where a stranded container vessel blocked traffic in March, the its chief said Tuesday.

The proposed plan, outlined by Osama Rabie, would be to widen a 30-kilometer (18.6 mile) stretch by about 40 meters (131 feet) and deepen that area to 72 feet instead of the current 62 feet.