International

The Cost of a Stuck Ship

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After almost a week of dredging, drigging and tugging — and with some help from the moon — salvage teams yesterday freed the giant container ship that had been stuck in the Suez Canal, one of the world’s most important shipping lanes.

As a result, traffic has resumed for the hundreds of ships waiting on both ends of the canal. And while estimates have varied wildly, the delay is also expensive. “The disruption has caused the canal authorities in Egypt losses of $95 million in revenue,” The Times’s Peter Goodman told me.

And even though the ship is free, the disruption isn’t over.

“It’s not just like flipping a switch,” Vivian Yee, the Times’s Cairo bureau chief, told me. Now that the ship is out of the way, the backlog will take at least a few days, maybe even weeks, to resolve.

High winds from a sandstorm caused the ship, the Ever Given, to turn sideways in the canal and get stuck, its operators said. But shipping experts have suggested that while the wind probably had a role in the crisis, human error might have, too.

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Janice Hill

Janice is a Co-Founder of NetDebaito Official & a family member of Brit Media 360. Our News HUB aiming to bring relevant and unaltered news to the general public with a specific viewpoint for each story catered. Every project is a proficient journalisms' who holds a reputable portfolio with proficiency in content analysis and research.

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