General
Container ship stuck in Suez Canal could take days to dislodge, holding up transportation of oil
An Egyptian official says the operation to refloat a skyscraper-sized container ship wedged across Egypt’s Suez Canal could take at least two days, which will create a major knock-on effect for global shipping.
Key points:
- The ship was grounded in the southernmost stretch of the waterway
- The main alternative route for ships travelling between Asia and Europe is around the African cape
- About 12 per cent of world trade, by volume, passes through the canal
The Ever Given, a Panama-flagged ship that carries cargo between Asia and Europe, ran aground in the narrow, man-made canal dividing continental Africa from the Sinai Peninsula.
Tugboats attempted to try to nudge the obstruction out of the way as ships hoping to enter the waterway began…
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