MARINE traffic through Egypt's Suez Canal has not been affected by the capsizing of a drillship in the Red Sea, the waterway's authority said, reported The National of Abu Dhabi.
The vessel capsized in the Gabal El Zeit area of the Gulf of Suez, about 130 nautical miles from the canal's southern entrance. Four crew members died, three are missing and 23 were rescued, offshore drilling service provider ADES said.
Egypt's Ministry of Petroleum said it was notified of the capsizing by Offshore Shukheir Oil Company (Osoco), which operated Admarine 12 on behalf of ADES.
Osama Rabie, chairman of the Suez Canal Authority (SCA), said the incident did not disrupt traffic through the waterway, a conduit for about 12 per cent of global shipping traffic and a key source of revenue for Egypt.
"The canal's navigation is operating smoothly in both directions at its normal rate and was not affected by the capsizing of the Admarine 12," Mr Rabie said.
The Gulf of Suez is home to extensive oil and gas exploration activity, with numerous rigs and drillships operating under the supervision of the Ministry of Petroleum.
The ministry said it is investigating the cause of the accident and is working to locate the missing crew.
The SCA is ready to offer its expertise in maritime rescue, pollution control and navigational security, Mr Rabie said.
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