Local and international maritime authorities are monitoring the situation closely.
Maritime analysts note that Singapore’s busy shipping lanes see high levels of vessel activity.
October saw the highest monthly number of vessels returning to the canal since the Galaxy Leader hijacking.
It will help ease congestion in Djibouti City and provide Ethiopia with an additional trade route.
The incident occurred in an area where Somali piracy had largely subsided in recent years.
MV Vertom Tula is the first seagoing vessel to be fitted with 79 kWp of installed solar power.
Over the past decade, the line has tripled in size, fuelled by an aggressive newbuild drive.
The concern is that AI could supplant the relationship dynamics that make deals succeed.
The captain has held various roles within Transnet National Ports Authority over the past 27 years.
In Europe, spot rates from the Far East to North Europe grew by 18% to $1 968 per FEU.
The 6 300 dwt vessel sustained damage to her sails in heavy storms.
It will offer dedicated solutions for vehicles, electronics, textiles and chemicals.
