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After a ship carrying Ukrainian corn ran aground in the Suez Canal on Monday, it quickly resurfaced without disrupting traffic on the seaway, which carries 10% of world trade.
In 2021, Egypt was rocked by the blockade of the hyper-mediatized ship Ever Given for several days in the Suez Canal, a massive structure that opened in 1869. Opened in 1869, this massive structure has been expanded and modernized several times since, connecting the Red Sea and the Mediterranean Sea. .
“M/V Glory ran aground while joining a convoy near Al-Qantara, not far from the city of Ismailia in northeast Egypt,” before being “refloated by Suez Canal authorities,” said Norwegian officials. shipping agent Les said.
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Canal boss Osama Raby reported that “51 ships were moving in both directions on Monday” on the canal.
“Traffic continues normally. Glory’s breakdown in transit has been professionally addressed,” he said.
This information is highly sensitive for Egypt in the midst of an economic crisis, with the currency losing 75% of its value in 2022 and looking for the dollar. The Suez Canal is one of the major sources of foreign currency revenue, with revenues of over $7 billion annually.
According to canal authorities, the Glory, “a 225-meter-long, 32-meter-wide vessel with a payload of 41,000 tons,” was “on its way from Turkey to China as part of a fleet.”
– Ukrainian corn –
The ship left Chornomorsk, a port city near Odessa, Ukraine, on December 25. As part of the Black Sea Grains Initiative, the corn was delivered as part of an agreement between the United Nations, Ukraine, Russia and Turkey that has eased the global food crisis since July.
The Marshall Islands-flagged vessel was “rescued by four tugs,” Mr Rabie said.
“21 southbound vessels will start/restart shipping. Minor delays are expected,” Leth elaborated.
In March 2021, the Ever Given, a gigantic container ship weighing almost 200,000 tons, got bogged down on the east bank of the canal during a sandstorm, cutting off traffic routes between Europe and Asia for several days.
The rescue effort lasted six days and cost the lives of Suez Canal officials. Egypt lost $12 million to $15 million a day in its closure, but insurers estimated it lost billions of dollars a day in global maritime trade. increase.
The tanker Affinity V temporarily blocked the Suez Canal in September after “technical damage to the rudder caused the vessel to go out of control,” according to canal authorities.
Egyptian President Abdel Fatt al-Sisi approved in May a project to widen and deepen the southern part of the canal where Ever Given was stuck.
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