Rescue teams are working to dislodge a giant vessel from the Suez Canal in an effort to get traffic moving again in one of the world’s most important waterways.
The Ever Given, a container ship longer than the Eiffel Tower that ran aground in the southern part of the canal in Egypt, is still stuck across the waterway despite efforts to release it with tugs and excavators. One port agent said earlier that traffic could resume by tomorrow, but the Suez Canal Authority hasn’t given a timetable.
The incident is a reminder of how much international trade is channeled through so-called chokepoints — geographically constrained waterways that include the Strait of Hormuz and Panama Canal. Dozens of vessels are already gridlocked at Suez and a lengthy halt could further stretch supply chains that have already been disrupted by the coronavirus pandemic.
“The Suez Canal blockage comes at a particularly unhelpful time,” said Greg Knowler, European editor at JOC Group, which is part of IHS Markit Ltd. “Even a two-day delay would further add to the supply chain disruption slowing the delivery of cargo to businesses across the U.K. and Europe.”
The 193-kilometer-long (120 miles) Suez Canal is among the most trafficked waterways in the world, used by tankers shipping crude from the Middle East to Europe and North America. About 12% of global trade and 8% of liquefied natural gas pass through the canal, as do around 1 million barrels of oil each day.
The disruption comes at a time when oil prices were already volatile. Crude surged above $70 a barrel earlier this month on Saudi production cuts, only to slump close to $60 this week due to setbacks in Europe’s coronavirus vaccine program. Brent crude rose 5.4% to $64.07 as of 4:26 p.m. in London.
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30 Comments
we can extrapolate here, the volume of criminal clinton crew 'service' scams unable to re rig replace or substitute all the instances of lying leftist leadership liabilities unable to influence intimidate or impress democracy, in a constant fight against the public in order to preserve the expired obama era 'control'. if this turns south, we know there were other options.
The tug boats look like the little engine that could.
What goods are on that ship
Rookies pump water under the opposing side where it’s landlocked to shimmy it loose. Do I have to think of everything for you !?
Mypillow sheets from Giza in those shipping containers? 😂😂
Seems like a no brainier: blow it up and let the captain go down with his ship.
Jesus Christ Is King Of Kings And Lord Of Lord's…
Idiots
Remember the length and width of wide track Pontiacs? Well that’s what this ship is on the high seas…
there are kids in those containers…
Reminds me of when gangster grandma had to fish a turd out of Richard von Gravy's bunghole
Accidents happen.
POV: You went to trending and found this
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I assume the contingency plans for a major global trade route like this includes helicopters unloading cargo until the ship gets enough buoyancy to clear the bottom.
Try shifting your ballast from port to starboard.
This ship is as big as the mighty German Bismarck battleship
How about you take some of the load off the green ship and then try again?!
Seems a little convenient…..
This will make the price of Oil go up in the US, and conservatives/trumpers will blame Biden. Wait for it.
Chinese attack on Europe
just un load the ship….there is plenty of space
Why don't they move that ship using the easy approach? … run about six to eight heavy cables to the alternate shore .. hook them to D9 Caterpillar Bulldozers and gently pull the ship straight .. and on it's merry way. Forget the tugs and propellers .. can be solved with CAT diesel track power.
The crew on that boat probably having a bad time right now
Container ship that weight 220,000 tons (2x US super carrier) shouldn't move to the side with only 30 MPH wind. About 50 ships pass thru Suez canal everyday. If ships lose control over 30 MPH wind then it will have blockage every day. Something doesn't add up here. That is like elephant moved by mouse causing wind to knock off elephant. Japanese made container ships cause major accidents almost every year. They should just close their ship yard.
Stupid music. How about a commentary
Clintons own evergreen and children are in it. Watch and wait!!!
get an icebreaker ship down there and pull that thang out
Is the ship involved in human trafficking? Is God exposing the deep states dirty secrets. I think so. What s on board the ship?
Joseph Jeffrey Hazelwood all over again, drunk