According to reports, the giant container ship stuck in the Suez Canal was freed almost a week. Suez Canal is one of the world's most important trade paths. It is not clear how immediately the waterway would be open for traffic. Even it is not clear about the logjam created by nearly 450 ships stuck, which were waiting to carry everything including crude oil to cattle through the canal.
Due to the stuck, even some ships have already taken the long and expensive trip around the Cape of Good Hope at Africa's southern tip instead of Suez. During the rescue attempt, nearly 27,000 cubic metres of sand was removed using several dredgers and another powerful tugboat will soon join the scene to fasten the mission. However, it is not clear about the further challenges as the shared picture still shows the ship in the same position.
Nearly for a week, Ever Given, the skyscraper-sized container has blocked the traffic, holding nearly $9 billion each day in global trade and affecting the supply chains which were already struggling due to the pandemic.
Earlier, there were concerns as the vessel was vulnerable to damages due to its position, however, reportedly, the company that owns Ever Given rejected the concerns today. It even confirmed that the ship's engine was working and it could continue the trip normally once after it is freed completely.
The vital canal carries over around 10% of the global trade, which even included 7% of the world's oil. The unexpected blockage could affect oil and gas shipments to Europe from the Middle East.