/Suez Canal news – live: More than 350 ships still backed up amid warning supply chains could be hit for months

Suez Canal news – live: More than 350 ships still backed up amid warning supply chains could be hit for months

Ever Given ship freed from bank of Suez Canal

A backlog of more than 300 ships is waiting to pass through the Suez Canal hours after the Ever Given vessel was refloated and traffic resumed on one of the world’s most important trade routes.

Some 367 ships reportedly remain stuck at each end of the canal as experts boarded the Ever Given on Tuesday to assess it for damage and begin an investigation into its grounding.

It comes after the globe’s biggest shipping company Maersk warned that it could take months to resolve delays and get global supply chains running as normal.

“Even when the canal gets reopened, 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,” Maersk said in a statement on Monday.

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Locals watch on as ship set free

(AP)

Matt Mathers30 March 2021 10:13

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ICYMI: Global shipping, the world’s most opaque industry

Our economics editor Ben Chu unpicks “the intricate web of registration, ownership and operation responsibilities” within the shipping industry.

Matt Mathers30 March 2021 09:57

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Watch: Gigantic ship freed from bank of canal

Ever Given ship freed from bank of Suez Canal

Matt Mathers30 March 2021 09:52

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Recap: Everything we know about the Ever Given ship

My colleagues Joe Sommerland and Eleanor Sly have this helpful write-up on the ship that brought billions of dollars in trade to a standstill:

Matt Mathers30 March 2021 09:46

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Probe into Ever Given’s ground gets underway

Experts on Tuesday boarded the Ever Given as the investigation into how it became grounded got underway.

A senior canal pilot, speaking on condition of anonymity because he was not authorized to talk to journalists, told The Associated Press that experts were looking for signs of damage and trying to determine the cause of the vessel’s grounding.

The ship’s owner had previously said the vessel was blown off course by a gust of win.

Matt Mathers30 March 2021 09:40

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367 ships still stuck on either end of canal

At least 367 vessels, carrying everything from crude oil to cattle, are backed up waiting to pass through the canal, service provider Leth Agencies said.

Dozens of others have taken the long, alternate route around the Cape of Good Hope at Africa’s southern tip — a 5,000-kilometer (3,100-mile) detour that costs ships hundreds of thousands of dollars in fuel and other costs.

Matt Mathers30 March 2021 09:37

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Global supply chains could be hit for months

Global supply chains could be affected for months despite the refloating of the Ever Given vessel and resumption of traffic on the Suez Canal, the world’s largest shipping company has warned.

Danish shipping giant Maersk said the “ripple effects” of the Ever Given’s grounding on the canal for nearly a week has triggered a series of disruptions that could take “weeks, possibly months, to unravel.”

Matt Mathers30 March 2021 09:31

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Good morning

Good morning and welcome to The Independent’s rolling coverage of the Suez Canal crisis

Matt Mathers30 March 2021 09:23