Investigator boards ship at start of probe into Suez Canal blockage

"The ship will remain in the lakes area until the investigations are complete," Suez Canal Authority Chairman Osama Rabie told a local television channel late on Wednesday, adding that there was no definite time frame for the inquiry.The six-day blockage threw global supply chains into disarray after the 400-metre-long ship became jammed diagonally across a southern section of the canal, the shortest shipping route between Europe and Asia.

The SCA said on Wednesday that shipping had returned to normal levels, with a total of 81 ships transiting the canal.Egypt's Leth Agencies said on Wednesday that a total of 163 ships had transited the Suez Canal since its reopening and that 292 ships were currently waiting.Five liquefied natural gas vessels transited on Tuesday, commodities analysts Kpler said in a note, adding that it appeared congestion at the canal was"now quickly tapering off".

The SCA has scheduled accelerated shipping convoys and has said it hopes the backlog of ships can be cleared by the end of the week.Lloyd's of London expecting a"large loss"The Japanese owner of the Ever Given said it had not received any claims or lawsuits over the blockage.

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