Outburst! The two ships collided in the Suez Canal and traffic was closed to the northbound channel

Northbound traffic on the canal was closed from 12:00 UTC, with some boats gathering at kilometer 52 waiting for passage to resume.

Usama Rabiye, chairman of Egypt's Suez Canal Authority, said on August 5 local time that the accident killed one crew member on the tug and rescued the remaining six people.

 Two canal sources said the CHINAGAS LEGEND was not damaged in the collision,was operating normally and had berthed in port said.

The Suez Canal Authority issued a statement saying that after the accident, the authorities sent rescue teams to rescue the seven crew members on the tug and salvage the wreck. At present, the six rescued crew members have been taken to a nearby hospital and their health is stable. Northbound traffic was briefly disrupted, but ships sailing to the north were not affected, the report said.

However, according to Fleetmon's update at 1120 UTC on August 6, the canal seems to remain closed and traffic in both directions is disrupted. It can be inferred from the reports of the Canal 

Authority that the fleet sailing southbound successfully completed the transportation and salvage crews were able to remove the wreckage of the tugboat. The tanker, which is 230 metres (755 feet) long and 36 metres (118 feet) wide, is flying the Hong Kong flag and is scheduled to sail from Singapore to the United States, carrying 52,000 tonnes of liquefied petroleum gas (LPG), and is currently anchored in Port Said, Egypt, pending completion of handling procedures related to the collision.

On the 6th, the head of the Suez Canal Authority, Usama Rabi, announced that the location of the sunken tug "Fahd" has been determined at km 51.300 (canal mark), and salvage work and cleaning of the waterway are about to begin. The remaining ships of the northbound sailing fleet resumed traffic at km 51 of the canal through the eastern branch of the canal. The SCA tweeted early Sunday that salvage of the sunken tugboat would begin after the last vessel of the northbound fleet crossed. The rabbi said that the northbound navigation of the canal did not stop, and all escort ships passed safely and were not affected by the accident.
The Suez Canal is one of the busiest canals in the world, located at the crossroads of Europe, Asia and Africa, connecting the Red Sea and the Mediterranean Sea, and about 14% of the world's seaborne trade and 10% of maritime oil traffic passes through it.

Canal revenues are one of Egypt's main sources of national revenue and foreign exchange reserves.
In March 2021, the giant container ship Changci ran aground on the canal, causing a blockage of nearly a week. The disruption caused shipping delays to cost billions of dollars, with Egypt costing $12 million to $15 million a day. In 2022, the canal brought Egypt $8 billion in transit fees.