MV Ever Given, a 400-metre (1,300-foot) long vessel, bigger than four football fields, lost its way amid high winds and dust storm on Tuesday and ran aground.
News agency AFP reported that tug boats, dredgers and heavy earth-moving equipment have been used to move the vessel, but so far there has been no breakthrough.
All the crew members of the massive vessel are Indians. Shoei Kisen Kaisha, owner of MV Ever Given, said the Indian nationals are safe and no oil leakage has been found.
Oil spills outside China's Qingdao port after ship collision (Representative Image)
Kaisha has apologised for worsening the crisis and said that there was "extreme difficulty" in refloating the ship.
"We sincerely apologise for causing a great deal of worry to ships in the Suez Canal and those planning to go through the canal," he said.