<p>Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.<br />
<br />
US&nbsp;President Joe Biden said his administration was looking at what it could do to help, after the 400-metre (430-yard) long Ever Given ran aground in the vital trade waterway on Tuesday due to strong wind.<br />
<br />
"We have equipment and capacity that most countries don’t have. And we are seeing what help we can be," Biden told reporters in Delaware.<br />
<br />
A U.S. official, speaking on the condition of anonymity, said the Navy was prepared to send a team of dredging experts to the canal, but was awaiting approval from local authorities.<br />
<br />
The latest effort to dislodge the ship with tug boats was suspended late on Friday, and attempts would resume on Saturday, three sources at the canal said. The Suez Canal Authority (SCA) could not immediately be reached for comment.<br />
<br />
Shipping rates for oil product tankers nearly doubled after the ship became stranded, and efforts to free the giant vessel may take weeks and be complicated by unstable weather, threatening costly delays for companies already dealing with COVID-19 restrictions.<br />
<br />
All its 25 crew members, who have remained on board, were safe, in good health and spirits, Bernhard Schulte Shipmanagement (BSM), the Ever Given`s technical manager said.<br />
<br />
A Dutch rescue team had confirmed two additional tugs would arrive on March 28 to help dislodge the ship, BSM said.<br />
<br />
"There have been no reports of pollution or cargo damage and initial investigations rule out any mechanical or engine failure as a cause of the grounding," a BSM statement said.<br />
<br />
Earlier, the SCA said efforts to free the ship by tug had resumed following the completion of dredging operations at its bow to remove 20,000 cubic metres of sand.<br />
<br />
"The tugging operations require the availability of a number of supporting factors including wind direction and tides, which makes it a complex technical process," the authority said.<br />
<br />
The SCA welcomed a U.S. offer to help. Turkey also said it can send a vessel to the canal, amid a push by Ankara to repair ties with Egypt after years of animosity.<br />
<br />
The suspension of traffic along the channel linking Europe and Asia has deepened problems for shipping lines.<br />
<br />
The blockage could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday.<br />
<br />
Ratings agency Moody`s expects Europe`s manufacturing and car parts suppliers to be most affected because they operate "just-in-time" supply chains, and said port congestion and further delays to the supply chain were "inevitable."<br />
<br />
<strong>IMPACT ON OIL</strong><br />
<br />
Retired British Royal Navy commander Tom Sharpe said the best bet for the next attempt would be a high tide on Sunday, but because the ship was aground both front and rear there was a risk the hull could rupture if rescuers pulled too hard.<br />
<br />
Mohab Mamish, the Egyptian presidential adviser on Suez Canal projects and sea ports, told MBC Misr TV a floating crane should be used to transfer some of the Ever Given`s containers to another ship to lighten the vessel and enable it to float.<br />
<br />
About two dozen ships could be seen from the shores of Port Said on Friday morning, according to a Reuters witness.<br />
<br />
Oil rose over 3% on Friday as more than 30 oil tankers have been waiting on either side of the canal since Tuesday, shipping data on Refinitiv showed. However, there is low seasonal demand for crude and liquefied natural gas, which will likely mitigate the impact on prices, analysts said.<br />
<br />
About 4 million barrels of mostly Kazakh CPC Blend and some Russian Urals were waiting along with tankers carrying Libyan, Azeri and some North Sea crude oil for Asian refiners, traders said.<br />
<br />
Egypt`s SUMED pipeline operator approached crude traders to see whether they wanted to book space in the system but so far traders prefer to wait to avoid high additional costs.<br />
<br />
Analysts expect a greater price impact on smaller tankers carrying oil products, such as naphtha and fuel oil, for export from Europe to Asia, if the canal remains shut for weeks.<br />
<br />
Re-routing ships around the Cape of Good Hope could add about two weeks and extra fuel costs to the voyage, said Sri Paravaikkarasu, director for Asia oil at FGE.<br />
<br />
The blockage is weighing on the already weak Asian gasoil, or diesel, market. More than 60% of Asian exports to the west flowed via the choked Canal in 2020, according to FGE.<br />
<br />
Aframax and Suezmax rates in the Mediterranean have also reacted as the market starts to price in fewer vessels being available in the region, shipbroker Braemar ACM Shipbroking said.<br />
<br />
At least four Long-Range 2 tankers that might have been headed toward Suez from the Atlantic basin are now likely to be evaluating a passage around the Cape of Good Hope, Braemar ACM said. Each LR-2 tanker can carry around 75,000 tonnes of oil.<br />
<br />
The cost of shipping clean products, such as gasoline and diesel, from the Russian port of Tuapse on the Black Sea to southern France jumped 73% over the last three days to $2.58 a barrel on March 25, according to Refinitiv Eikon data.<br />
<br />
The shipping index benchmark for LR2 vessels from the Middle East to Japan, known as TC1, has climbed by a third since last week to 137.5 worldscale points, said Anoop Jayaraj, clean tanker broker at Fearnleys Singapore. Worldscale is an industry tool used to calculate freight rates.<br />
<br />
On the crude side, traders have had to pay 10-20% more for replacement tankers but market freight rates have not yet risen as charterers are not ready to commit to higher levels in case the container is freed this weekend, shipbrokers said.</p>


Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.

Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes. US President Joe Biden said his administration was looking at what it could do to help, after the 400-metre (430-yard) long Ever Given ran aground in the vital trade waterway on Tuesday due to strong wind. "We have equipment and capacity that most countries don’t have. And we are seeing what help we can be," Biden told reporters in Delaware. A U.S. official, speaking on the condition of anonymity, said the Navy was prepared to send a team of dredging experts to the canal, but was awaiting approval from local authorities. The latest effort to dislodge the ship with tug boats was suspended late on Friday, and attempts would resume on Saturday, three sources at the canal said. The Suez Canal Authority (SCA) could not immediately be reached for comment. Shipping rates for oil product tankers nearly doubled after the ship became stranded, and efforts to free the giant vessel may take weeks and be complicated by unstable weather, threatening costly delays for companies already dealing with COVID-19 restrictions. All its 25 crew members, who have remained on board, were safe, in good health and spirits, Bernhard Schulte Shipmanagement (BSM), the Ever Given`s technical manager said. A Dutch rescue team had confirmed two additional tugs would arrive on March 28 to help dislodge the ship, BSM said. "There have been no reports of pollution or cargo damage and initial investigations rule out any mechanical or engine failure as a cause of the grounding," a BSM statement said. Earlier, the SCA said efforts to free the ship by tug had resumed following the completion of dredging operations at its bow to remove 20,000 cubic metres of sand. "The tugging operations require the availability of a number of supporting factors including wind direction and tides, which makes it a complex technical process," the authority said. The SCA welcomed a U.S. offer to help. Turkey also said it can send a vessel to the canal, amid a push by Ankara to repair ties with Egypt after years of animosity. The suspension of traffic along the channel linking Europe and Asia has deepened problems for shipping lines. The blockage could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday. Ratings agency Moody`s expects Europe`s manufacturing and car parts suppliers to be most affected because they operate "just-in-time" supply chains, and said port congestion and further delays to the supply chain were "inevitable." IMPACT ON OIL Retired British Royal Navy commander Tom Sharpe said the best bet for the next attempt would be a high tide on Sunday, but because the ship was aground both front and rear there was a risk the hull could rupture if rescuers pulled too hard. Mohab Mamish, the Egyptian presidential adviser on Suez Canal projects and sea ports, told MBC Misr TV a floating crane should be used to transfer some of the Ever Given`s containers to another ship to lighten the vessel and enable it to float. About two dozen ships could be seen from the shores of Port Said on Friday morning, according to a Reuters witness. Oil rose over 3% on Friday as more than 30 oil tankers have been waiting on either side of the canal since Tuesday, shipping data on Refinitiv showed. However, there is low seasonal demand for crude and liquefied natural gas, which will likely mitigate the impact on prices, analysts said. About 4 million barrels of mostly Kazakh CPC Blend and some Russian Urals were waiting along with tankers carrying Libyan, Azeri and some North Sea crude oil for Asian refiners, traders said. Egypt`s SUMED pipeline operator approached crude traders to see whether they wanted to book space in the system but so far traders prefer to wait to avoid high additional costs. Analysts expect a greater price impact on smaller tankers carrying oil products, such as naphtha and fuel oil, for export from Europe to Asia, if the canal remains shut for weeks. Re-routing ships around the Cape of Good Hope could add about two weeks and extra fuel costs to the voyage, said Sri Paravaikkarasu, director for Asia oil at FGE. The blockage is weighing on the already weak Asian gasoil, or diesel, market. More than 60% of Asian exports to the west flowed via the choked Canal in 2020, according to FGE. Aframax and Suezmax rates in the Mediterranean have also reacted as the market starts to price in fewer vessels being available in the region, shipbroker Braemar ACM Shipbroking said. At least four Long-Range 2 tankers that might have been headed toward Suez from the Atlantic basin are now likely to be evaluating a passage around the Cape of Good Hope, Braemar ACM said. Each LR-2 tanker can carry around 75,000 tonnes of oil. The cost of shipping clean products, such as gasoline and diesel, from the Russian port of Tuapse on the Black Sea to southern France jumped 73% over the last three days to $2.58 a barrel on March 25, according to Refinitiv Eikon data. The shipping index benchmark for LR2 vessels from the Middle East to Japan, known as TC1, has climbed by a third since last week to 137.5 worldscale points, said Anoop Jayaraj, clean tanker broker at Fearnleys Singapore. Worldscale is an industry tool used to calculate freight rates. On the crude side, traders have had to pay 10-20% more for replacement tankers but market freight rates have not yet risen as charterers are not ready to commit to higher levels in case the container is freed this weekend, shipbrokers said.

Suez Canal steps up efforts to free stuck vessel as energy markets impacted

<p>Positive news came from Suez canal on Saturday as the Dutch salvage firm said that the stuck ship will be freed from the canal bed early next week. Billions of dollars are at stake as shipping through Suez canal, a vital sea-route between East and West has stopped due the ship. Shipping companies have been forced to re-route traffic around the southern tip of Africa.</p>

<p>The president of Shoei Kisen -- the Japanese firm which owns the giant container vessel sounded more optimistic as he said that the vessel will be freed on Saturday itself.</p>

<p>Meanwhile, Egypt's Suez Canal Authority chief has said that strong wind was not the main reason for grounding of the ship</p>

<p>"Strong winds and weather factors were not the main reasons for the ship's grounding, there may have been technical or human errors," Osama Rabie said at a press conference in Suez.</p>

<p>Billions of dollars of cargo are now stalled at either end of the vital shipping lane between Asia and Europe, with their owners mulling whether to wait it out or take the longer and more expensive route around the Cape of Good Hope at the cost of up to 12 additional days at sea.</p>

<p>The MV Ever Given, which is longer than four football fields, has been wedged diagonally across the span of the canal since Tuesday, blocking the waterway in both directions.</p>

<p>At a press conference in Japan Friday, Shoei Kisen president Yukito Higaki told local media there were no signs of damage to its engines and various instruments.</p>

<p>"The ship is not taking water. There is no problem with its rudders and propellers. Once it refloats, it should be able to operate," Higaki said, according to the Asahi Shimbun.</p>

<p>The company aims to free the ship "tomorrow night Japan time", he added, the Nikkei news agency said.</p>

<p>"We are continuing work to remove sediment as of now, with additional dredging tools."</p>

<p>In the Netherlands, the executive director of Royal Boskalis, parent company of Smit Salvage, set a less demanding target.</p>

<p>"With the ships we'll have in place by then, the earth we've managed to dredge, and the high tide, let's hope that'll be enough to budge the ship at the start of next week," Peter Berdowski told a public television chat-show late Friday.</p>

<p>"We are already in the process of installing a crane on land. That will allow us to eventually remove all the containers from the foredeck, which could involve hundreds of containers."&nbsp;</p>

<p>The blockage has caused a huge traffic jam of more than 200 ships at both ends of the 193-kilometre (120-mile) long canal and major delays in the delivery of oil and other products.</p>

<p><strong>(With AFP inputs)</strong></p>


Positive news came from Suez canal on Saturday as the Dutch salvage firm said that the stuck ship will be freed from the canal bed early next week. Billions of dollars are at stake as shipping through Suez canal, a vital sea-route between East and West has stopped due the ship.

Positive news came from Suez canal on Saturday as the Dutch salvage firm said that the stuck ship will be freed from the canal bed early next week. Billions of dollars are at stake as shipping through Suez canal, a vital sea-route between East and West has stopped due the ship. Shipping companies have been forced to re-route traffic around the southern tip of Africa. The president of Shoei Kisen -- the Japanese firm which owns the giant container vessel sounded more optimistic as he said that the vessel will be freed on Saturday itself. Meanwhile, Egypt's Suez Canal Authority chief has said that strong wind was not the main reason for grounding of the ship "Strong winds and weather factors were not the main reasons for the ship's grounding, there may have been technical or human errors," Osama Rabie said at a press conference in Suez. Billions of dollars of cargo are now stalled at either end of the vital shipping lane between Asia and Europe, with their owners mulling whether to wait it out or take the longer and more expensive route around the Cape of Good Hope at the cost of up to 12 additional days at sea. The MV Ever Given, which is longer than four football fields, has been wedged diagonally across the span of the canal since Tuesday, blocking the waterway in both directions. At a press conference in Japan Friday, Shoei Kisen president Yukito Higaki told local media there were no signs of damage to its engines and various instruments. "The ship is not taking water. There is no problem with its rudders and propellers. Once it refloats, it should be able to operate," Higaki said, according to the Asahi Shimbun. The company aims to free the ship "tomorrow night Japan time", he added, the Nikkei news agency said. "We are continuing work to remove sediment as of now, with additional dredging tools." In the Netherlands, the executive director of Royal Boskalis, parent company of Smit Salvage, set a less demanding target. "With the ships we'll have in place by then, the earth we've managed to dredge, and the high tide, let's hope that'll be enough to budge the ship at the start of next week," Peter Berdowski told a public television chat-show late Friday. "We are already in the process of installing a crane on land. That will allow us to eventually remove all the containers from the foredeck, which could involve hundreds of containers." The blockage has caused a huge traffic jam of more than 200 ships at both ends of the 193-kilometre (120-mile) long canal and major delays in the delivery of oil and other products. (With AFP inputs)

Suez canal blockage: Ship may be freed early next week, says salvage firm

A massive container ship has blocked the Suez Canal. Reportedly, the blockage is costing about $400 million an hour. There is a 25-member crew on the ship. All of them are Indian nationals. WION's Palki Sharma tells you more.

Gravitas: Suez Canal Blockage is costing $400 million an hour

Oil prices bounced back from a plunge day earlier on concerns that a large container ship that ran aground in the Suez Canal may block vital shipping lane for weeks.

World Business Watch: Oil prices recover from a plunge day earlier

In a huge setback of trade, the massive container ship blocking the Suez Canal may take weeks to clear out. All ships have been stopped from entering the channel.

Suez Canal Blockade: How a giant ship blocking the Suez is hitting global supplies

What does the block on Suez Canal after the container ship Ever Given ran aground mean for global supply chains, trade and oil prices? How long will the blockade last? Watch the video to know more.

Know how Suez block jeopardises supply chains

Massive ship with all-Indian crew blocks Suez Canal; oil supply hit

Free efforts are still underway at the Suez Canal after a massive container ship the size of a skyscraper became stuck across the waterways and blocked all traffic.

Suez Canal Blocked: Recovery efforts underway to free ship

Cargo ship continues to block Suez Canal. Rescue efforts underway to free ship

<p>A huge cargo ship wedged across Egypt’s Suez Canal brought global shipping to a halt Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear.</p>

<p>Efforts to dislodge the 400 m (1,312 foot) long container vessel resumed at high tide on Thursday -- with five tugs working to drag the vessel to deeper water, according to ship-tracking data.</p>

<p>The Ever Given vessel ran aground diagonally across the single-lane stretch of the southern canal on Tuesday morning after losing the ability to steer amid high winds and a dust storm, the Suez Canal Authority (SCA) said in a statement. It is now blocking transit in both directions through one of the world's busiest shipping channels for goods, oil, grain and other products linking Asia and Europe.</p>

<p>In the time since, efforts to free the ship using dredgers, digging and the aid of high tides have yet to push the container vessel aside.</p>

<p>Peter Berdowski, CEO of Dutch company Boskalis, which is trying to free the ship, said it was too early to say how long the job might take. He said the ship's bow and stern had been lifted up against either side of the canal.</p>

<p>Bernhard Schulte Shipmanagement (BSM), the technical manager of Ever Given, said dredgers were working to clear sand and mud from around the vessel to free her while tugboats in conjunction with Ever Given's winches are working to shift it.</p>

<p>Marine services firm GAC issued a note to clients overnight saying efforts to free the vessel using tug boats continued, but that wind conditions and the sheer size of the vessel "were hindering the operation".</p>

<p>Ship-tracking software shows five tugs surrounding the Ever Given and three more heading towards it. The ship`s GPS signal shows only minor changes to its position over the past 24 hours, however.</p>

<p>Several dozen vessels, including other large container ships, tankers carrying oil and gas, and bulk vessels hauling grain have backed up at either end of the canal to create one of the worst shipping jams seen for years. Tug boats also nudged the vessel alongside it, trying to gain momentum. From the shore, at least one backhoe dug into the canal’s sandy banks, suggesting the bow of the ship had plowed into it.</p>

<p>Shipping experts say that if the blockage is not likely to be cleared within the next 24-48 hours, some shipping firms may be forced to re-route vessels around the southern tip of Africa, which would add roughly a week to the journey.</p>

<p><em><strong>(with inputs)</strong></em></p>


A huge cargo ship wedged across Egypt’s Suez Canal brought global shipping to a halt Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear.

A huge cargo ship wedged across Egypt’s Suez Canal brought global shipping to a halt Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for the obstruction to clear. Efforts to dislodge the 400 m (1,312 foot) long container vessel resumed at high tide on Thursday -- with five tugs working to drag the vessel to deeper water, according to ship-tracking data. The Ever Given vessel ran aground diagonally across the single-lane stretch of the southern canal on Tuesday morning after losing the ability to steer amid high winds and a dust storm, the Suez Canal Authority (SCA) said in a statement. It is now blocking transit in both directions through one of the world's busiest shipping channels for goods, oil, grain and other products linking Asia and Europe. In the time since, efforts to free the ship using dredgers, digging and the aid of high tides have yet to push the container vessel aside. Peter Berdowski, CEO of Dutch company Boskalis, which is trying to free the ship, said it was too early to say how long the job might take. He said the ship's bow and stern had been lifted up against either side of the canal. Bernhard Schulte Shipmanagement (BSM), the technical manager of Ever Given, said dredgers were working to clear sand and mud from around the vessel to free her while tugboats in conjunction with Ever Given's winches are working to shift it. Marine services firm GAC issued a note to clients overnight saying efforts to free the vessel using tug boats continued, but that wind conditions and the sheer size of the vessel "were hindering the operation". Ship-tracking software shows five tugs surrounding the Ever Given and three more heading towards it. The ship`s GPS signal shows only minor changes to its position over the past 24 hours, however. Several dozen vessels, including other large container ships, tankers carrying oil and gas, and bulk vessels hauling grain have backed up at either end of the canal to create one of the worst shipping jams seen for years. Tug boats also nudged the vessel alongside it, trying to gain momentum. From the shore, at least one backhoe dug into the canal’s sandy banks, suggesting the bow of the ship had plowed into it. Shipping experts say that if the blockage is not likely to be cleared within the next 24-48 hours, some shipping firms may be forced to re-route vessels around the southern tip of Africa, which would add roughly a week to the journey. (with inputs)

Cargo ship remains stuck in Suez Canal; wind conditions adding to the woes

<p>A container ship that ran aground in the Suez Canal on Tuesday has caused a major traffic jam, blocking other vessels’ access to the world’s most important water route.</p>

<p>The 200,000-tonne vessel was heading to the Mediterranean from the Red Sea when it suffered a blackout and halted.</p>

<p>According to the port agency GAC, over 15 ships immediately behind the vessel were stopped. Many other convoys have also been stopped. The container ship called “Ever Given” is 400 metres long, 59 metres wide, and is qualified to carry up to 20,000 20-foot equivalent containers for shipping.</p>

<p>Here are a few reactions on Twitter</p>

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<p dir="ltr" lang="en">If you think youre having a bad day, spare a thought for the helmsman who somehow managed to stick his giantass ship sideways into the goddamn Suez Canal &amp; blocked it into literal gridlock &amp; is currently costing every seafaring nation of Earth like millions of dollars every hour <a href="https://t.co/DIWAxwctXa">pic.twitter.com/DIWAxwctXa</a></p>
— Shiv Ramdas (@nameshiv) <a href="https://twitter.com/nameshiv/status/1374539405193449472?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote>
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<p dir="ltr" lang="en">*record scratch* <a href="https://twitter.com/hashtag/SuezCanal?src=hash&amp;ref_src=twsrc%5Etfw">#SuezCanal</a> <a href="https://t.co/wYTysNycOD">pic.twitter.com/wYTysNycOD</a></p>
— Acting Secretary Gritty (@thrognar) <a href="https://twitter.com/thrognar/status/1374576835426664450?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote>
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<p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/SuezCanal?src=hash&amp;ref_src=twsrc%5Etfw">#SuezCanal</a> live view of the captain of the MV Ever Given. <a href="https://t.co/sykfPduYSv">pic.twitter.com/sykfPduYSv</a></p>
— William Blood (@MultipleMigzs) <a href="https://twitter.com/MultipleMigzs/status/1374550698742927364?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote>
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<p dir="ltr" lang="en">For the record, "giant ship gets stuck in the Suez Canal" is a great part of a heist plot.</p>
— Ryan Nanni (@celebrityhottub) <a href="https://twitter.com/celebrityhottub/status/1374522556154224647?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote>
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<p dir="ltr" lang="en">Hey sorry I'm late. The vessel EVER GIVEN (IMO: 9811000, MMSI: 353136000) was blocking the Suez Canal</p>
— Brooks Otterlake (@i_zzzzzz) <a href="https://twitter.com/i_zzzzzz/status/1374597057625919490?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote>
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<p dir="ltr" lang="en">twitter hasn't talked about the suez canal this much since 1956</p>
— the not relaxed guy (@mice_nerd) <a href="https://twitter.com/mice_nerd/status/1374537118849015808?ref_src=twsrc%5Etfw">March 24, 2021</a></blockquote>
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<p>According to the Suez Canal Authority (SCA) , nearly 19,000 ships passed through the canal in 2020. This implies that an average of 51.5 ships travelled through the canal each day.</p>

<p>The canal is the major source of currency for Egypt, and 12 per cent of all the world trade passes through the Suez. Owing to the blockade, many tankers and ships are now piled up near the canal, hoping for the ship to be moved.</p>

<p>Oil and gas flows will be affected majorly if the path is not cleared soon.&nbsp;</p>


A container ship that ran aground in the Suez Canal on Tuesday has caused a major traffic jam, blocking other vessels’ access to the world’s most important water route.

A container ship that ran aground in the Suez Canal on Tuesday has caused a major traffic jam, blocking other vessels’ access to the world’s most important water route. The 200,000-tonne vessel was heading to the Mediterranean from the Red Sea when it suffered a blackout and halted. According to the port agency GAC, over 15 ships immediately behind the vessel were stopped. Many other convoys have also been stopped. The container ship called “Ever Given” is 400 metres long, 59 metres wide, and is qualified to carry up to 20,000 20-foot equivalent containers for shipping. Here are a few reactions on Twitter If you think youre having a bad day, spare a thought for the helmsman who somehow managed to stick his giantass ship sideways into the goddamn Suez Canal & blocked it into literal gridlock & is currently costing every seafaring nation of Earth like millions of dollars every hour pic.twitter.com/DIWAxwctXa — Shiv Ramdas (@nameshiv) March 24, 2021 × *record scratch* #SuezCanal pic.twitter.com/wYTysNycOD — Acting Secretary Gritty (@thrognar) March 24, 2021 × #SuezCanal live view of the captain of the MV Ever Given. pic.twitter.com/sykfPduYSv — William Blood (@MultipleMigzs) March 24, 2021 × For the record, "giant ship gets stuck in the Suez Canal" is a great part of a heist plot. — Ryan Nanni (@celebrityhottub) March 24, 2021 × Hey sorry I'm late. The vessel EVER GIVEN (IMO: 9811000, MMSI: 353136000) was blocking the Suez Canal — Brooks Otterlake (@i_zzzzzz) March 24, 2021 × twitter hasn't talked about the suez canal this much since 1956 — the not relaxed guy (@mice_nerd) March 24, 2021 × According to the Suez Canal Authority (SCA) , nearly 19,000 ships passed through the canal in 2020. This implies that an average of 51.5 ships travelled through the canal each day. The canal is the major source of currency for Egypt, and 12 per cent of all the world trade passes through the Suez. Owing to the blockade, many tankers and ships are now piled up near the canal, hoping for the ship to be moved. Oil and gas flows will be affected majorly if the path is not cleared soon.

Massive container ship causes traffic jam at Suez Canal; Twitter reacts

The 150-year-long history of Suez Canal

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