Friday, 16 April, 2021

Almost 2 Weeks After Suez Canal Blockage, Ship Traffic Back To Normal

The guided-missile cruiser USS Monterey and the guided-missile destroyer USS Thomas Hudner are seen behind a tug following the aircraft carrier USS Dwight D Eisenhower during a transit of the Suez Canal on Friday. (US Navy Han Egypt's Suez Canal may seek over $1b compensation for losses caused by stuck ship
Sandy Nunez | 03 April, 2021, 22:03

By Saturday at most, all 422 delayed ships will have crossed the Suez Canal, according to Rabie.

In this photo released by Suez Canal Authority, the Ever Given, a Panama-flagged cargo ship, is pulled by one of the Suez Canal tugboats, in the Suez Canal, Egypt, March 29, 2021.

The last 61 ships passed through the canal linking the Mediterranean to the Red Sea on Saturday.

Osama Rabie, chair of the Suez Canal Authority (SCA), said 85 ships were expected to pass the canal from both sides on Saturday.

The majority of those ships - about 60 - had been waiting to pass through since the Ever Given had been freed.

Some 80 ships were passing through the canal on Friday in both directions, including a U.S. aircraft carrier, a liquefied natural gas tanker, and an oil tanker, the SCA said in a statement.

"The investigation is going well and will take two more days, then we will announce the results", he added.

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United States will take part in a meeting in Vienna next week on the Iran nuclear deal. Unnecessary ", he wrote on Twitter.

The wedging of the Japanese-owned, Taiwanese-operated ship had created tailbacks to the north and south, affecting billions of dollars worth of cargo.

Egyptian authorities have presented the freeing of the mega-ship as a vindication of the country's engineering and salvage capabilities.

Egypt said it will seek over $1 billion in compensation for the losses incurred from the blocking of the Suez Canal as well as the costs of re-floating the vessel.

Egyptian President Abdel Fattah al-Sisi has pledged investment to ensure no repeat of the episode, and the SCA has called for new tugboats and dredgers.

Maritime data company Lloyd's List said the blockage had held up an estimated $9.6 billion worth of cargo each day between Asia and Europe.

A total of 80 vessels are set to cross the Suez Canal in both directions on Friday with a total net tonnage of 4.7 million tons, a few days after a massive ship had blocked the narrow waterway for nearly a week and disrupted trade.

Egypt says it is expecting more than $1 billion in compensation after the ship blocked the waterway for almost a week, according to a top canal official.