Traffic in Suez Canal resumes after stranded ship refloated

A shipping tracker showed the stranded ship is now positioned in the centre of the canal

CAIRO:

The giant container ship that blocked the Suez Canal for almost a week was fully floated on Monday and traffic in the waterway would resume, the canal authority said in a statement.

A Reuters witness saw the ship moving and a shipping tracker and Egyptian TV showed it positioned in the centre of the canal.

Egypt’s Leth Agencies tweeted It is with utmost pleasure that we can confirm that the #Suez Canal Authority and staff have succeeded in re-floating M/V EVER GIVEN. She is currently underway to Great Bitter Lake.

 

It is with utmost pleasure that we can confirm that the #Suez Canal Authority and staff have succeeded in re-floating M/V EVER GIVEN. She is currently underway to Great Bitter Lake. More information will follow on our profile. M/V EVER GIVEN is no longer #grounded pic.twitter.com/jLjkeXAu4m

— Leth Agencies (@AgenciesLeth) March 29, 2021

 

The 400-metre (430-yard) long Ever Given has been straightened in the canal and will undergo initial inspections before being moved, two sources said.

Video posted on social media appeared to show the ship’s stern had swung around, opening space in the canal. Other footage, which could not be immediately verified by Reuters, included cheering and ships’ horns sounding in celebration.

 

ICYMI: A traffic jam on the Suez Canal, like the one caused by the massive Ever Given container ship, is rather a big problem. Why is the Suez Canal so important? pic.twitter.com/vu8roKgu9N

— Reuters (@Reuters) March 29, 2021

 

Ship-tracking service VesselFinder has changed the ship’s status to under way on its website.

The Ever Given became jammed diagonally across a southern section of the canal in high winds early on Tuesday, halting shipping traffic on the shortest shipping route between Europe and Asia.

At least 369 vessels were waiting to transit the canal, including dozens of container ships, bulk carriers, oil tankers and liquefied natural gas (LNG) or liquefied petroleum gas (LPG) vessels, SCA Chairman Osama Rabie told Egypt’s Extra News on Sunday.

Earlier on Monday, marine services firm Inchcape Shipping Services said the ship had been successfully re-floated at 4.30 am local time (0230 GMT) and was being secured.

The ship’s technical manager Bernhard Schulte Shipmanagement (BSM) did not immediately respond to a request to comment.

The Suez Canal salvage teams intensified excavation and dredging on Sunday and were hoping a high tide would help them dislodge the ship.

Crude oil prices fell after news the ship had been re-floated, with Brent crude down by $1 per barrel to $63.67. Shares of Taiwan-listed Evergreen Marine Corp - the vessel’s lessor - rose 3.3%.

About 15% of world shipping traffic transits the Suez Canal, which is a key source of foreign currency revenue for Egypt. The current stoppage is costing the canal $14-$15 million a day.