BusinessMirror

Probe underway, day after giant cargo vessel freed in Suez Canal

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SUez, egypt—experts on Tuesday boarded a colossal container ship that had been stuck sideways for nearly a week in the Suez Canal before it was dislodged as questions swirled about the grounding that had shaken the global shipping industry and clogged one of the world’s most vital waterways.

The ever Given was safely anchored on Tuesday in the Great Bitter Lake, a wide stretch of water halfway between the north and south ends of the canal, after salvage teams succeeded in finally freeing the skyscraper-size vessel on Monday afternoon. The grounding of the ship had halted billions of dollars a day in maritime commerce.

A senior canal pilot, speaking on condition of anonymity because he was not authorized to talk to journalist­s, told The Associated Press that experts were looking for signs of damage and trying to determine the cause of the vessel’s grounding.

engineers were also examining the engines of the Panama-flagged, Japanese-owned ship hauling goods from Asia to europe to determine when exactly it can sail to its destinatio­n in the Netherland­s, he said without elaboratin­g.

Ships stacked with containers could be seen from the city of Suez, sailing in the north-bound part of the waterway. Suez Canal service provider Leth Agencies said that over threedozen vessels that had waited for ever Given to be freed, have already exited the canal into the red Sea since the waterway was reopened for navigation at 6 p.m. on Monday.

As of Tuesday morning, more than 300 vessels were waiting on both ends of the Suez Canal and in the Great Bitter Lake for permission to continue sailing to their destinatio­ns, Leth Agencies said.

Lt. Gen. Osama rabei, head of the Suez Canal Authority, had told reporters Monday the maritime traffic could return within four days to its average level before the ever Given grounded.

The shipowner, Shoei Kisen, said Tuesday that it would be part of the investigat­ion along with other parties, though it did not identify them by name. It also refused to discuss possible causes of the accident, including the alleged high speed and other errors, saying it cannot comment on an ongoing investigat­ion.

The company added that any damage to the ship was believed to be mostly on the bottom. Shoei Kisen said it was not immediatel­y known whether the vessel will be repaired on site in egypt or elsewhere, or whether it will eventually head to its initial destinatio­n of rotterdam. That is a decision to be made by its operator, rather than the shipowner, the company said.

On Monday, a flotilla of tugboats, helped by the tides, wrenched the bulbous bow of ever Given from the canal’s sandy bank, where it had been firmly lodged since March 23. The tugs blared their horns in jubilation as they guided the ever Given through the water after days of futility that had captivated the world, drawing scrutiny and social media ridicule.

Analysts expect it could take at least another 10 days to clear the backlog on either end of the Suez Canal.

The ever Given had crashed into a bank of a single-lane stretch of the canal about 6 kilometers (3.7 miles) north of the southern entrance, near the city of Suez. That created a massive traffic jam that held up $9 billion a day in global trade and strained supply chains already burdened by the coronaviru­s pandemic.

At least 367 vessels, carrying everything from crude oil to cattle, had backed up to wait to traverse the canal. Dozens of others have taken the long, alternate route around the Cape of Good Hope at Africa’s southern tip—a 5,000-kilometer (3,100-mile) detour that costs ships hundreds of thousands of dollars in fuel and other costs.

The canal is a source of national pride and crucial revenue for egypt, and President Abdel Fattah el-sissi praised Monday’s events after days of silence about the blockage.

“egyptians have succeeded in ending the crisis,” he wrote on Facebook, “despite the massive technical complexity.”

The crisis over the ever Given had cast a spotlight on the vital trade route that carries over 10 percent of global trade, including 7 percent of the world’s oil. Over 19,000 ships ferrying Chinese-made consumer goods and millions of barrels of oil and liquefied natural gas flow through the artery from the Middle east and Asia to europe and North America.

The unpreceden­ted shutdown, which raised fears of extended delays, goods shortages and rising costs for consumers, has prompted new questions about the shipping industry, an on-demand supplier for a world under pressure from the pandemic.

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