Saturday, June 19, 2021

in-focus

Giant vessel afloat in Suez, service provider says


Salvage teams freed the Ever Given in the Suez Canal, according to maritime services provider Inchcape, almost a week after the giant vessel ran aground in one of the world's most important trade paths.

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While the ship was floating again, it was not immediately clear how soon the waterway would be open to traffic, or how long it would take to clear the logjam of more than 450 ships stuck, waiting and en route to the Suez that have identified it as their next destination.

The backlog is one more strain for global supply chains already stretched by the pandemic; the canal is a conduit for about 12% of global trade. Some ships have already opted for the long and expensive trip around the southern tip of Africa instead of Suez.

The breakthrough in the rescue attempt came after diggers removed 27,000 cubic meters of sand, going deep into the banks of the canal.

Published : March 29, 2021

By : Syndication Washington Post, Bloomberg · Jack Wittels, Salma El Wardany, Mirette Magdy