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Home International

Suez Canal reopens after giant stranded ship is freed

CEO Tab by CEO Tab
March 30, 2021
in International
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Suez Canal

Egypt agrees deal to release ship that blocked Suez Canal

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Traffic has resumed in Egypt’s Suez Canal after a stranded container ship blocking it for nearly a week was finally freed by salvage crews.

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Tug boats honked their horns in celebration as the 400m-long Ever Given was dislodged on Monday with the help of dredgers.

Hundreds of ships are waiting to pass through the canal which links the Mediterranean to the Red Sea.

It is one of the world’s busiest trade routes.

Peter Berdowski, CEO of Dutch salvage company Boskalis, said the Ever Given had been refloated at 15:05 local time on Monday, “thereby making free passage through the Suez Canal possible again”.

Egyptian officials say the backlog of ships waiting to transit through should be cleared in around three days, but experts believe the knock-on effect on global shipping could take weeks or even months to resolve.

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