Ever Given, the cargo ship that has blocked the Suez Canal since last Tuesday, has been refloated, according to authorities, report CNBC. The ship is now on its way to Great Bitter Lake in Egypt, where it will undergo a technical inspection, according to Leth Agencies, a transit agent at the Suez Canal.
Expert salvage crews were called to help with the refloat operation. More than 10 tugboats were on the scene, according to the report, as well as specialized dredging equipment. More than 20,000 tons of sand and mud removed.
“Today, the Egyptians have succeeded in ending the crisis of the delinquent ship in the Suez Canal despite the tremendous technical complexity that surrounded this process from every side,” Egyptian President Abdel Fattah El-Sisi said in a tweet.
Around 12 percent of global trade passes through the Suez Canal. Lloyd’s List estimates that more than $9 billion worth of goods passes through the waterway each day, which adds up to $400 million per hour. Full Story
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