Tugs, dredgers continuing efforts to free ship stranded in Suez Canal: Authority


© Reuters. Ever Given container ship is seen in Suez Canal in this satellite image taken by Satellogic’s NewSat-16


CAIRO (Reuters) – The Suez Canal Authority (SCA) said on Sunday that tugging and dredging operations to free a grounded container ship blocking the waterway would continue around the clock, according to wind conditions and tides.

Dredgers working to dislodge the stranded ship have so far shifted 27,000 cubic metres of sand around the ship to reach a depth of 18 metres, the authority said in a statement.

The 400-metre (430-yard) long Ever Given became jammed diagonally across a southern section of the canal more than five days ago, halting shipping traffic on one of the world’s busiest waterways.

As of Saturday, 321 boats were waiting to transit the canal, including dozens of container ships, bulk carriers and liquefied (LNG) or liquefied petroleum gas (LPG) vessels.

Shipping rates for oil product tankers nearly doubled after the ship became stranded, and the blockage has disrupted global supply chains, threatening costly delays for companies already dealing with COVID-19 restrictions.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more