The stranded ship has been refloated, and traffic remains normal

Today, Monday, the Egyptian authorities confirmed that a ship ran aground in the Suez Canal before it was refloated, without disrupting traffic in this sea lane through which 10% of world trade passes. In 2021, these have been shaken beforeProminent blockage of the vessel for several days on the Suez Canal. “The M/V Glory has been refloated by the Suez Canal Authority“distanceOn the beach while joining a caravan near El KantaraNot far from the city of Ismailia in northeastern Egypt, a Norwegian shipping agent told Laith.

For his part, the head of the channel, Osama Rabie, stated that “51 ships circled in both directions on Mondayconsidering that traffic was not affected.Traffic continues normally on the Suez Canal, we dealt professionally with the collapse that occurred on board the Glory ship while it was passing“, He said.

Read alsoThe Suez Canal is the lifeline and pride of Egypt

The information is very sensitive for Egypt, in the midst of an economic crisis – its currency has lost 75% of its value in 2022 – and in search of dollars. The Suez Canal is one of its main sources of foreign exchange earnings, with revenues exceeding seven billion dollars each year.

In March 2021, the Ever Given, a gigantic container ship of nearly 200,000 tons whose bow was on the east bank of the canal during a sandstorm, blocked the passage route between Europe and Asia for several days. The rescue operation took six days and claimed the life of a Suez Canal Authority agent. Egypt lost between 12 and 15 million dollars per day from the closure, while insurance companies estimated losses in billions of dollars per day for global maritime trade.

On Monday, however, the incident was limited in time. Glory, ship from225 meters long, 32 meters wide, and a transport capacity of 41,000 tonsAccording to the channel authorities, it wasHe came from Turkey on his way to China as part of a fleet“. It was “Rescued by four tugboatsExplained by Osama Rabie. “Twenty-one southbound ships will begin/resume transit. Only slight delays expectedLeith elaborated.

In September, the oil tanker, Affinity V, closed the Suez Canal briefly after “Technical damage to the rudder, which led to loss of control of the shipAccording to the Suez Canal authorities. In May, Egyptian President Abdel Fattah al-Sisi approved a project to widen and deepen the southern part of the canal where the Ever Given River is stuck.