Egypt has started dredging work on the Suez Canal to extend a second lane that allows for two-way traffic.

Russian Foreign Minister Sergei Lavrov says the recent incident where a ship blocked the Suez Canal for almost a week highlighted the importance of a corridor being developed by Iran, Russia and India.

Egypt's Suez Canal Authority said Saturday that a shipping traffic jam caused by a giant container vessel getting stuck on the crucial waterway for almost a week has been cleared.

Shipping traffic through Egypt's Suez Canal resumes after a giant container ship that had been blocking the busy waterway for almost a week was refloated.

Here is the latest top stories from Press TV on March 29, 2021.

The stranded container ship that blocked the Suez Canal for nearly a week was almost fully re-floated.

An Iranian diplomat says the International North-South Transport Corridor (INSTC) can serve as a low-risk, profitable alternative to the Suez Canal, which has been blocked in the past few days, causing billions of dollars in damages every day.