Traffic has resumed in Egypt’s operated Suez Canal, nearly a week after a massive, 220,000-tonne container ship that blocked the busy waterway was re-floated.
The ship, named Ever Given, is longer than the Eiffel Tower, according to BNN Bloomberg. It was blown sideways following a sandstorm that forced it to lose power. It consequently blocked the crucial waterway through which an average of 51 ships pass every day, carrying everything from crude oil to animals to electronics.
According to BNN Bloomberg, the rescue operation involved tugs and dredgers, and involved shovelling 30,000 cubic meters of sand as well as removing a part of the canal wall.
All while the rescue mission was happening, hundreds of ships lined up waiting to get through the canal. It is estimated that approximately 400 ships were in line.
The closure of the canal is estimated to have cost billions of dollars in damage. In fact, BNN Bloomberg reported that approximately $10 billion US was lost per day during the closure.
Some ships chose to take an alternative and longer route due to the closure, resulting in hundreds of thousands of dollars more spent on fuel and other expenses. It is possible the disruption could last for months since the delay in hundreds of ships can mean major cargo delays.
Divers and experts are now examining the massive ship to determine the extent of damages.
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