More than $ 100 million a day is being spent on a traffic jam in the Suez Canal following the sinking of one of the world’s largest container ships, Ever Given.
Tugs and a specialized dredger are trying to release one of the world’s largest container ships “Ever Given” stuck in the Suez Canal in Egypt on Friday, which has completely blocked the movement in the transport artery, which is vital for the global economy.
At least 150 vessels are waiting for Ever Given to release the channel, Leth Agencies, which provides services on the channel, said.
The ship is still stuck on Friday morning and it is unknown when it will be released, Leth Agencies said.
A Suez Canal official said the work was difficult and the companies involved were trying to avoid complications that could keep the canal closed for even longer.
Suez Canal Authority said Thursday night it needed to remove 15,000 to 20,000 cubic meters of sand to reach a depth of 12 to 16 meters, which would allow Ever Given to float freely again.
The 400-meter-long and 59-meter-wide ship Ever Given, flying the Panamanian flag, turned sideways in a bad weather on Tuesday and got stuck, completely stopping sailing in the Suez Canal.
The ship was on its way to the Dutch port of Rotterdam.
The Suez Canal, excavated more than 150 years ago, is one of the world’s most important trade routes.
Last year, almost 19,000 ships traveled through the canal, carrying more than one billion tons of cargo.
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