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Egypt, cargo runs aground in the Suez Canal


Owner, tugboats are trying to put it back to sea. In 2021, the canal was blocked for six days, with repercussions lasting months (ANSA)

A cargo ship ran aground in the Suez Canal, the strategic waterway that connects Asia to Europe by sea: the shipping company, the Norwegian Leth, reported it on Twitter.

"The M/V Glory ran aground" sailing south "near Alaqantarah. Suez Canal Authority tugs are currently attempting to refloat the vessel," the tweet merely informs.

In 2021, the 400-metre-long, 220,000-ton freighter "Ever Given" ran aground blocking the canal for six days and disrupting global supply chains with repercussions that lasted for months.

Using the canal saves a three-week detour to circumnavigate Africa, but is only about 200 meters wide and 24 meters deep in places. About 12% of global trade passes through the Suez Canal with a daily flow of goods worth $10 billion, according to Lloyd's List.

At the time of the Ever Given grounding, US-UK global financial market infrastructure and data provider Refinitiv estimated that Egypt's lost tolls amounted to nearly $100 million.

Source: ansa

All life articles on 2023-01-09

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