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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (21563)	11/9/2004 12:29:26 PM
From: ild	Read Replies (1) \| Respond to of 110194

Zip realty IPO: Message 20750754

To: russwinter who wrote (21563)	11/9/2004 1:56:41 PM
From: mishedlo	Respond to of 110194

Suez Canal reopened for traffic Egypt's Suez Canal has reopened for shipping traffic, three days after a broken-down oil tanker forced the longest closure in almost 30 years. The stranded Liberian-registered vessel has been shifted by tugs and is moving north, the Suez Canal Authority said. The tanker refloated after some of its load was transferred to a smaller ship. More than 100 vessels have been waiting to use the strategic link between the Red Sea and Mediterranean, one of Egypt's most important revenue sources. First convoy The Tropic Brilliance broke down late on Saturday near Ismailiya, 140km (90 miles) north-east of Cairo. A spokesman for the Suez Canal Authority said Egyptian salvage workers had finally refloated the tanker after pumping out 25,000 tons of oil - about a quarter of its load - to another vessel. "It is now on its way to Port Said at the northern entrance of the canal," the spokesman said. He said the first convoy of 46 ships was preparing to follow the tanker through the 120 mile (195km) waterway. Story from BBC NEWS: news.bbc.co.uk Published: 2004/11/09 14:04:12 GMT © BBC MMIV