A commercial ship carrying millions of dollars worth of cargo has run aground near Bosaso port in Puntland.
The ship was said to have been contracted by Somali merchants who were importing food and supplies from the United Arab Emirates, according to a Puntland official.
The traders said that the value of the assets being ferried on the plane was worth at least $7 million dollars. The cargo is believed to have been irreversibly damaged after the ship took on water.
The traders also allege that the ship ran aground after it was denied entry to the port. The port authorities refute this claim and have blamed the ship’s captain.
Port authorities in Bosaso have declined to comment on the issue.