India-flagged bulk carrier grounded in the Suez Canal this weekend (23-24 June 2007)
briefly disrupting traffic through the waterway.
No damage was reported to the 47,442-dwt ABG Narayana (built 1983) which briefly
touched bottom on Sunday morning near Ismailia.
There have been reports that the ship's navigational systems malfunctioned
but a statement from its Mumbai-based manager, Eurasia Maritime Management,
denied there had been any machinery failure or problem with the navigational equipment.
Eurasia said an investigation is ongoing into the cause of the incident.
The handymax bulker was travelling south through the canal
with a cargo of scrap metal from Turkey bound for Qatar.
Eurasia's statement said that the ship was under pilot and being escorted by tugs
when it "swerved slightly to one side and touched bottom on sides temporarily."
Seven oil tankers heading north through the canal
were said to have been affected
by a delay to traffic after the incident which lasted two hours.
A Eurasia spokesperson said that the vessel is not in need of repairs
and is currently underway to continue its voyage.
The ABG Narayana is owned by ABG Shipping of Mumbai,
classed by Lloyd's Register and has insurance cover with the London P+I Club.