March 25, 2021
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0:40Now PlayingA huge backlog of vessels was building up around the Suez Canal amid warnings that the salvage team could need days -- or even weeks -- to prise out the giant container ship that’s blocking the crucial waterway.
Work to re-float the Ever Given and allow passage for oceangoing carriers hauling almost $10 billion of oil and consumer goods continued without success on Thursday in Egypt. Tugs and diggers have so far failed to budge the vessel, and some experts say the crisis could drag on for several days. The Suez Canal Authority has temporarily suspended traffic along the waterway.
“I can’t exclude that it can last weeks if the ship is really stuck,” said Peter Berdowski, chief executive officer of Boskalis Westminster, the parent company of the salvage team. The process would take that long if “you need to get rid of cargo and you need to do dredging as well,” he said in an interview on the Nieuwsuur TV program in the Netherlands on Wednesday.
About 12% of global trade goes through the canal, making it so strategic that world powers have fought over the waterway since it was completed in 1869. For now, all that traffic is backed up with the Ever Given aground in the southern part of the canal, creating another setback for global supply chains already strained by the e-commerce boom linked to the pandemic.
At about a quarter-mile long (400 meters) and weighing in at 200,000 tons, the sheer size of the vessel is overwhelming efforts to dig it out. A huge yellow excavator, itself about twice as tall as its driver, looked like a child’s toy parked next to the ship’s hulking bow
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