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The Suez Canal diverted ships to the old canal after the giant container ship ran aground


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© Reuters. Container ship ran aground in Suez Canal, traffic congestion

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By Yusri Mohamed, Jessica Jaganathan and Florence Tan

CAIRO (Reuters) – Ships in the Suez Canal were redirected to an older canal on Wednesday after a large container ship ran aground, blocking ships through one of the world’s most important waterways, said the marine source and related companies.

About 12% of world trade, by volume, passes through the canals connecting Europe and Asia, and the Suez Canal Authority (SCA) remains the main source of the currency for Egypt.

At around 05:40 GMT on Tuesday, one of the largest container ships in the world – the 200,000-ton Ever Given – ran aground in the canal, said Bernhard Schulte Shipmanagement (BSM), the ship’s technical director for know. BSM said when the investigation was underway.

The incident occurred due to bad weather, the sources said. Operations to float and release the ship had begun on Wednesday morning, they said, adding that some delay in shipping is expected.

The ship tracking data on the Refinitiv Eikon shows that seven tugboats arrived to support the ship with the Rotterdam border, appearing on the track map still grounded. It is not clear how long it will take the ship to be free.

PICTURE: The grounded ‘Ever Given’ container ship blocked one of the most important shipping routes in the world – https://fingfx.thomsonreuters.com/gfx/ce/qzjpqldqovx/EverGivenShippingJam.png

The ship is 400 meters (1,312 feet) long and 59 meters (193 feet) wide, and can carry up to 20,000 equivalent shipping containers of 20 feet (TEU).

Taiwan’s Evergreen Marine, which is chartering the vessel on a time charter, said the shipowner informed the company that the ship was “suspected of being hit by sudden strong winds that caused the hull to deviate from the waterways and accidentally bumped into the bottom of the ship.

BSM, which deals with the ship’s technical and crew issues, says all crew members are safe and accountable and there have been no reports of injuries or contamination.

BSM informed the authorities and “interested parties” but said it was unable to confirm who was the owner of the ship.

“All parties are currently investigating the cause of the grounding failure and it would be inaccurate to speculate on any of the causes at this point,” the BSM said in an e-mail to Reuters.

The GAC port agent on Wednesday said on its website that the other 15 ships in the train going north behind the Ever Given were held in anchorage waiting for the canal to clear. A convoy going south was also blocked.

PICTURE: The container ship ‘Ever Given’ landed, causing large congestion in the Suez Canal – https://fingfx.thomsonreuters.com/gfx/ce/xlbvgxmropq/EvergivenShipJam.png

DELAY DELAY

More and more tank trucks gathered near the canal entrance waiting to pass.

Tan Hua Joo, an consultant with Liner Research, said the Eurasian container trade flow is rebounding after the Chinese New Year, so the prolonged congestion will have serious consequences because of the alternative route. the Cape service will take less than a week, said Tan Hua Joo, consultant with Liner Research.

According to data from Liner Research Services, any delay would exacerbate the shortage of container ships and containers, as 30% of global container ship capacity passes through Suez, according to data from Liner Research Services.

In 2020, nearly 19,000 ships, or an average of 51.5 ships per day, with a net tonnage of 1.17 billion tons pass through the canal, according to the SCA.

The source said the impact on oil and gas flow will depend on the clearance time for the container vessel.

As of Wednesday, five full-loaded liquefied oil tankers (LNGs) have been unable to pass through the canal due to the grounding of the container ship, according to data intelligence firm Kpler, according to data intelligence firm Kpler. . Out of five, Kpler analyst Rebecca Chia said three out of five for Asia and two for Europe.

She said that if the congestion persisted until the end of this week, it would affect the transit of 15 LNG carriers.



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