EDIT: see this new report
https://archive.is/M7NiN
https://www.msn.com/en-us/news/world/tr ... r-BB1f0SVw end Edit.
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Some of the latest regarding the Ever Given blocking the Suez Canal.
CNBC notes:
The Ever Given remains lodged in the Suez Canal, halting traffic for a fourth straight day.
The massive container ship stretches more than 1,300 feet, which is almost as long as the Empire State Building is tall.
https://img-s-msn-com.akamaized.net/ten ... 60&o=f&l=f
Guardian reports
https://archive.is/ooZEm
Xiden offering help.
"Joe Biden has said the US is looking at what it can do to help free the 400-metre container ship Ever Given from its position blocking the Suez canal as the trade route crisis stretched into a fifth day.
“We have equipment and capacity that most countries don’t have. And we are seeing what help we can be,” the US president said on Friday in Delaware. His comments came after a US official said the navy was prepared to send a team of dredging experts to the canal, but was awaiting approval from local authorities.
Meanwhile, as the latest effort to dislodge the ship with tug boats was suspended late on Friday, shipping companies began to reroute cargoes elsewhere to avoid worsening the huge logjam that has built up at either end of the crucial trade artery.
Maersk said 22 of its vessels had been affected so far and that it had so far rerouted two of its vessels around the Cape of Good Hope at the southern tip of Africa."...
"The Japanese owner of the ship, Shoei Kisen Kaisha, said it aimed to free the vessel by Saturday afternoon UK time, but could not guarantee the effort would be complete by then.
Shipping rates for oil product tankers have nearly doubled since the ship became stranded, and efforts to free the giant vessel may take weeks and be complicated by unstable weather, threatening costly delays for companies already dealing with Covid-19 restrictions.
A Dutch rescue team had confirmed two additional tugs would arrive on Sunday to help dislodge the ship, the Ever Given’s technical manager, Bernhard Schulte Shipmanagement (BSM), said.
Earlier, the Suez Canal Authority (SCA) said efforts to free the ship by tug resumed following the completion of dredging operations at its bow to remove 20,000 cubic metres of sand.
“The tugging operations require the availability of a number of supporting factors including wind direction and tides, which makes it a complex technical process,” the authority said.
The SCA welcomed a US offer to help. Turkey also said it could send a vessel to the canal, amid a push by Ankara to repair ties with Egypt after years of animosity." ...
(NOTE: All stranded vessels are welcome to listen to this all horn video and consider upgrading.
https://www.youtube.com/watch?v=1kdbH40abnY )
..."The blockage could cost global trade $6bn-$10bn a week, a study by German insurer Allianz showed on Friday.
Ratings agency Moody’s expects Europe’s manufacturing and car parts suppliers to be most affected because they operate “just-in-time” supply chains, and said port congestion and further delays to the supply chain were “inevitable”.
Retired British Royal Navy commander Tom Sharpe said the best bet for the next attempt would be a high tide on Sunday, but because the ship was aground both front and rear there was a risk the hull could rupture if rescuers pulled too hard.
Mohab Mamish, the Egyptian presidential adviser on Suez canal projects and sea ports, told MBC Misr TV a floating crane should be used to transfer some of the Ever Given’s containers to another ship to lighten the vessel and enable it to float."
(see article for more about oil prices and oil tankers stats...)