Suez Canal Update - EVER GIVEN refloated

March 29, 2021

Ever Given refloated

The salvage company leading the recovery operation has announced that the MV EVER GIVEN has been refloated around 1500 local time and is under tow to a safe location for vessel inspection. The outcome of the inspection will determine whether the ship can resume its scheduled service. While the vessel’s bow remained stuck on one side of the waterway this morning, the high spring tide this afternoon allowed salvors to re-float the entire ship and unblock the waterway after a week of closure. 

According to the Suez Canal Authority (SCA), the vessel will now be towed to the Bitter Lakes area for technical inspections, opening up the waterway for the resumption of traffic.
Shippers and forwarders on either side of the canal face weeks of potential supply chain disruption – according to Leth Agencies, there are 357 vessels of all types waiting to transit Suez, and estimates vary as to how long the backlog of vessels could take to clear.

Maersk customer advisory report confirmed the line and its 2M partner, MSC, have three vessels stuck in the canal system and another 30 waiting to enter and, as of today, had rerouted 15 ships round the Cape of Good Hope. 

THE Alliance has rerouted seven vessels via the Cape, and the Ocean Alliance four.

The current situation will likely have far-reaching consequences for container traffic. Maersk line estimates the cleanup of the Suez Canal will take at least six days.

According to the reports, the ripple effects on global capacity and equipment are significant, and the blockage has already triggered a series of further disruptions and backlogs in global shipping that could take weeks, possibly months, to unravel.

The Suez Canal normally sees around 50 vessels transiting a day, although it is understood it has the capacity to handle double this number.

According to data from SeaIntelligence Consulting, Asia-North Europe vessels routed via the Cape need an extra 14.4 days to complete a round trip, while Asia-Mediterranean vessels take an extra 26.8 days.

It is evident that such an amount of capacity absorption will have a global impact and lead to severe capacity shortages. It will impact all trade lanes, as carriers will seek to cascade vessels to locations where they find they have the greatest need.

Crane World Wide Logistics will continue to monitor the situation closely and keep our clients informed as frequently as possible.  
Please reach out to your contact at Crane Worldwide Logistics if you have any questions here

Source: The Loadstar, Shippingwatch, Container-news

UPDATE 25th March 2021

Ever Given container vessel grounded in the Suez Canal

The 20,000 TEU containership ‘Ever Given’ ran aground in Suez Canal at around 8 am local time March 23. This accident occurred at 6 nautical miles from the southern entry of the Canal as the container ship proceeded northbound through the waterway from the Red Sea. 

Despite efforts to re-float the vessel, Ever Given is continuing to block the Suez Canal adding further disruption.  

It has been confirmed that both Smit and Nippon Salvage have been appointed to help with the re-floating operation, with Smit experts expected to arrive at the scene later Thursday, sources suggest an assessment of the vessel's situation will not take place until Friday morning.

According to reports from Bloomberg, "Pictures now seen across the globe of the vessel spread fully across the canal, point to the first major hurdle. It ran aground both at the front and at the back, almost perpendicular to the canal walls. That’s leaving very little room to simply tow it away from either end."  

It could also see further damage to the vessel as the tides in the canal rise and fall creating some stress in the midships, but more damage and to the rudder and bulbous bow sections of the ship. It will also see the vessel become harder to shift as it becomes stuck faster in the canal mud. 

Furthermore, maritime sources suggest that the next high tide in the region will give the best chance of re-floating the vessel, but that will take place on Monday.
By mid-day Thursday there were over 200 vessels waiting (including 41 container vessels). 

About 12% of global trade goes through the canal. In addition, Containerized goods represent around 26% of total Suez traffic.

We will continue to monitor the situation closely and keep our clients informed as frequently as possible.  

Please reach out to your contact at Crane Worldwide Logistics if you have any questions here

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