Authorities inspect the Ever Given which ran aground in the Suez Canal
The operation to move the Ever Given container ship, which is still aground in the Suez Canal, has reportedly been suspended until Thursday.
It comes after an Egyptian official warned that the effort could take at least two days. Marine traffic has been backed up in both directions of the Suez Canal since it became stuck on Tuesday morning. According to the Suez Canal Authority, historical sections of the canal have been opened up in a bid to ease the bottleneck and get ships moving again.
Experts believe the backlog caused by the blockage could take ‘several days to weeks to clear’.
The 200,000-tonne Ever Given has not been partially re-floated, authorities said after providing inaccurate information about the rescue operation earlier.
Normally, about 50 ships transit between the Mediterranean and the Red Sea in both directions every day.
Strong winds were to blame for the Ever Given’s grounding and left it stuck sideways in the vital passage, according to its owners.
Ever Given, which carries Panama’s flag and whose operator Evergreen is based in Taiwan, was travelling from China to Rotterdam in the Netherlands and had been due to arrive on 1 April.
Watch: Marine traffic jam builds as Ever Given blockage drags on
A video posted on Twitter shows scores of vessels waiting for the blockage in the Suez Canal to be cleared.
Numerous ships are bottlenecked on either side of the Ever Given container ship, which ran aground on Tuesday and remains stuck as of Wednesday evening.
Kate Ng24 March 2021 19:30
Efforts to free Ever Given ship suspended until Thursday
The battle to dislodge the Ever Given container ship from the Suez Canal will be postponed until Thursday, after yet another day of trying.
The ship has been stuck since Tuesday morning, blocking other vessels in both directions and forcing Egyptian canal authorities to open up historic sections of the canal in a bid to ease marine traffic.
It comes after a shipping agent told Bloomberg that if an effort to dislodge the ship at high tide just after 8pm local time did not succeed, the next high tide is 8.43am on Thursday.
The latest data from Vessel Finder shows at least five vessels around the Ever Given ship, presumably working to tug it free.
Kate Ng24 March 2021 18:56
Satellite captures image of Ever Given ship blocking Suez Canal
A satellite has captured an image of the Ever Given container ship blocking the Suez Canal.
The image, posted by Earth observation data company Capella Space, shows the ship’s sideways position across the width of the canal.
Kate Ng24 March 2021 18:40
Businesses to feel ‘knock-on effect’ caused by blockage – expert
Philip Young, a partner at Cooke, Young & Keidan law firm, told The Independent: “Events today in the Suez Canal show the immediate impact that the blockage of one of the world’s major shipping arteries can have on world commerce. Already a significant logjam of vessels are building up in the Mediterranean and Red Sea and, of course, the canal itself, and as the blockage continues that logjam will increase.
“With more than 50 vessels transiting the canal a day, even a temporary blockage can have a disproportionate effect on world trade. Integrated supply chains are already strained by the COVID-19 pandemic and this event will have a further knock on effect – for example on the Asia-Europe trade that transits the canal.
“Exporters, importers and manufacturers will all feel the added strain as components and goods arrive late and as ‘just in time’ manufacturing processes therefore either have to be slowed down or, in extreme cases, temporarily halted.
“Affected businesses that are already struggling with cash-flow may see this problem increased as delayed supply can mean delayed payment (and in some cases declined payment). There will also be knock-on impacts for insurers who may be called upon to make good losses and, of course, the end customer.”
Kate Ng24 March 2021 18:20
A look at marine traffic build-up around theEver Given
Here’s what the situation around the stuck Ever Given ship looks like, according to Vessel Finder:
Kate Ng24 March 2021 17:55
Authorities inspect the Ever Given’s position
Authorities are still working to figure out how to get the Ever Given container ship unstuck from the Suez Canal.
Close-ups of the ship show its immense size and the huge challenge Egyptian authorities have ahead of them.
Kate Ng24 March 2021 17:35
Backlog of marine traffic could take ‘several days to weeks to clear’, says expert
Ranjith Raja, Head of MENA Oil & Shipping Research at Refinitiv, comments: “We’ve never seen anything like this before but it’s likely that resulting congestion will take several days to weeks to clear as it is expected to have a ripple effect on the other convoys, schedules and global markets – given the vital importance of the waterway.
“The benchmark crude prices have already shown a strong upswing on the back of this incident which has closed canal movement for more than a day. Prices have surged by 5 per cent since market opening this morning.
“Our ship tracking data has also found that there were 53 tankers stuck either side of the canal, with about 27 of them carrying an estimated 1.9 million MT of oil cargo – equivalent to almost half of UK’s monthly crude intake. The vessel entered the canal some 45 minutes before it became stuck, moving at 12.8 knots (about 24 kph, 15 mph) just before the crash.
“Typically, a pilot from Egypt’s canal authority would board a ship to guide it through the canal, but the ship’s captain retains ultimate authority for navigation.”
Kate Ng24 March 2021 17:15
Crude tankers carrying around 13 million barrels of oil affected by disruption
According to Vortex, an oil and gas analyst, there are 10 crude tankers carrying 13 million barrels of oil that could be affected by the blockage in the Suez Canal.
Re-routing vessels en route to Europe from the Middle East could cause up to 15 days of delays, it said.
Kate Ng24 March 2021 16:55
Clearing Suez Canal could take ‘at least two days’, says official
As rescuers continue to try and pull the Ever Given container ship into a position where it can be moved out of the Suez Canal, an official warned it could take “at least two days”.
The Ever Given ship, which weighs some 220,000 tonnes, has been stuck in the Suez Canal since Tuesday morning. The ship’s owners blamed strong winds for its grounding.
The official told AP the operation to refloat the ship using tug boats would take at least two days, and delays could see a major knock-on effect for global shipping moving between the Mediterranean Sea and the Red Sea.
Kate Ng24 March 2021 16:37
Ships stalled by Ever Given diverted to old channel
Vessels waiting to get around the stuck Ever Given container ship are being diverted to an older channel.
The chairman of Egypt’s Suez Canal Authority said historical sections of the canal were opened up to try and ease the backed up marine traffic as work continues to refloat the massive ship.
The authority said its navigational stream “witnessed the crossing of the convoy of ships of the north from Port Said” as part of efforts to move the Ever Given.
Kate Ng24 March 2021 16:26