Suez Canal Backup Could Clear in About 4 Days

Suez Canal Backup Could Clear in About 4 Days

In this photo released by Suez Canal Authority, the Ever Given, a Panama-flagged cargo ship is accompanied by Suez Canal tugboats as it moves in the Suez Canal, Egypt, March 29, 2021.

Authorities began working Tuesday to determine how the Ever Given container ship became stuck in the Suez Canal, a day after the large vessel was freed from its frozen position near the shoreline and traffic resumed through one of the world's most vital commercial waterways.

Mr. Ricafort said that transport and shipping costs for some Philippine exports and imports will increase due to the delay to ships undertaking longer-than-expected voyages.

"The backlog of ships will likely take four to five days to be back to normal, Jan Hoffmann, an UNCTAD expert on logistics, told a briefing on Tuesday, adding that it could take several months to clear the knock-on backlog at ports".

Shipping group Maersk has also said disruptions to global shipping could last for months.

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The pilot delivers a amusing commentary as it is noticed that Suez Canal has become blocked by the giant ship. The Suez Canal is the shortest shipping route between Asia and Europe and connects the Mediterranean and Red seas. "It showed and reaffirmed the reality and importance (of the canal)", Sisi said.

About 140 ships were in line to pass through the canal and the authorities are trying to make it as quickly as possible.

He urged the government to buy more dredges and tug boats to improve the capabilities of the SCA in light of the flow of massive containers into the canal.

On Tuesday, investigators boarded the ship, which is in a lake that separates two sections of the canal, according to a canal source and a shipping agent who did not give further details. The ship is owned by a Japanese firm and operated by a Taiwanese shipper.

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