Ships stuck in the Suez Canal began to float again after six days. world

Ships stuck in the Suez Canal began to float again after six days.  world

Inchcape shipping services said the freezer, which was halting the Suez Canal in Egypt about a week ago, floated back on Monday. It is expected that the shortest route between Asia and Europe will be reopened soon.

The 400-meter-long Ever Given was again replenished at 4:30 pm local time (11:30 pm GMT), according to InChap, a global provider of marine services on Twitter.

The video posted on social media appears to have changed the ship, making space in the channel. Other images, which could not be examined by Reuters, included cheers and ship horns at the celebration.

The VesselFinder ship tracking service changed the status of the ship running on its website.

The ship Ever Given operated by the company Evergreen, on Tuesday (23) blocked the passage of all other ships, around the channel. The Suez Canal connects the Mediterranean Sea to the Red Sea and is one of the most used ship routes in the world.

VIDEO: Timelaps show attempt to land a ship in the Suez Canal

Oil prices fell after news that the ship would fluctuate again, and shares of the ship’s rental company, Evergreen Marine, rose 3.3%.

Why is the Suez Canal so important?

About 12% of global trade passes through the 193 km channel, providing the shortest sea link between Asia and Europe.

Some shippers decided to redirect their cargo around Cabo da Bua Orcanca, adding about two weeks to travel and fuel costs.

According to data from Lloyd’s List, the blockade is preventing goods from circulating as much as $ 9.6 billion a day.

* Taking information from Reuters.

Muhammad Wayne

About the author: Muhammad Wayne

Wayne is a reporter who covers everything from oil trading to China's biggest conglomerates and technology companies. Originally from Chicago, he is a graduate of New York University's business and economic reporting program.

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