Editor in Chief: Moh. Reza Huwaida Sunday, April 18th, 2021

Ship ‘partially refloated,’ but still stuck in Suez Canal

Ship ‘partially refloated,’ but still stuck in Suez Canal

SUEZ- Engineers on Monday “partially refloated” the colossal container ship that continues to block traffic through the Suez Canal, authorities said, without providing further details about when the vessel would be set free.
Satellite data from MarineTraffic.com showed that the ship’s bulbous bow, once lodged deep in the canal’s eastern bank, had been partly wrested from the shore — although it remained stuck at the canal’s edge. The ship’s stern had swung around and was now in the middle of the waterway, tracking data showed.
Although the development marked the vessel’s most significant movement since getting stuck last week, the salvage crew urged caution as obstacles loomed.
“Don’t cheer too soon,” Peter Berdowski, CEO of Boskalis, the salvage firm hired to extract the Ever Given, told Dutch NPO Radio 1.
Last Tuesday, the skyscraper-sized Ever Given got stuck sideways in the crucial waterway, creating a massive traffic jam. The obstruction has held up $9 billion each day in global trade and strained supply chains already burdened by the coronavirus pandemic. At least 367 vessels, carrying everything from crude oil to cattle, were still waiting to pass through the canal, while dozens were taking the lengthy alternate route around the Cape of Good Hope at Africa’s southern tip — a detour that costs ships hundreds of thousands of dollars in fuel and other costs.

With canal transits stopped, Egypt already has lost over $95 million in revenue, according to the data firm Refinitiv. If the ship is freed in the next few days, clearing the backlog of ships waiting to pass through the canal would take over 10 days, Refinitiv added. (AP)