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Giant container ship stuck in Suez Canal FREED after blocking vital waterway for nearly a week (VIDEO) | Giant container ship stuck in Suez Canal FREED after blocking vital waterway for nearly a week (VIDEO) |
(30 minutes later) | |
The skyscraper-sized container ship has been refloated nearly a week after it became lodged sideways in the Suez Canal, bringing traffic to a screeching halt and causing billions of dollars in losses due to delivery delays. | |
The long-awaited liberation of the ship sparked raucous celebrations at the port. The vessels trapped by the giant ‘beached’ vessel for almost a week blew their horns as they rejoiced at the news. | |
The Ever Given was refloated at 4:30am local time on Monday, Inchcape tweeted, adding that the ship, which is one of the largest container vessels in the world, is “being secured at the moment.” | |
Earlier on Monday, the Suez Canal Authority reported that 10 tug boats would push and pull the Panama-flagged ship from four different directions at dawn, hoping to make use of high tide. | |
It is unclear when the 360 ships waiting in the massive traffic jam to transit the channel will be given the green light to pass. | |
The blockage of the waterway, which accounts for about 15% of world shipping traffic, was estimated to incur a $400 million loss per hour due to delays. The incident also cost the canal up to $14 million in lost revenue daily. On average, 50 vessels pass through the narrow waterway connecting Europe to Asia per day. | |
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