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U.S. Offered to Help Egyptian Authorities Reopen Suez Canal, Psaki Says
Posted
March 26, 2021
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March 26, 2021
53,682
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1:01Now PlayingDislodging the container vessel blocking the Suez Canal will take until at least Wednesday, a longer effort than initially feared that will amplify the disruption to global supply chains for everything from oil to grains to cars.
The extended halt to traffic through one of the world’s most important waterways is stretching a container-shipping industry that’s already operating at full capacity. It threatens costly delays for European companies that rely on a steady flow of Asian imports and for consumers who’ve grown fond of fast online purchases during the pandemic.
The task of re-floating the 200,000-ton ship called Ever Given, which is still firmly wedged across the vital maritime trade route, will require about a week of work and potentially longer, said people familiar with the matter, who asked not to be identified. Rescue efforts had initially been expected to last only a couple of days.
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