Suez Canal Traffic Expected to Return to Normal in Three to Four Days

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  • Bloomberg Quicktake: Now published this video item, entitled “Suez Canal Traffic Expected to Return to Normal in Three to Four Days” – below is their description.

    The giant vessel that’s blocked the Suez Canal for almost a week was pulled free from the bank, a major step toward getting ships moving again along one of the world’s most important trade arteries.

    The stoppage caused a tailback of hundreds of vessels, snarled supply chains already under pressure due to the coronavirus pandemic and provided a stark reminder of the fragility of the global trade infrastructure.

    Horns sounded in celebration as the Ever Given — a boat longer than the Eiffel Tower — made her way up the canal after a frantic rescue operation involving teams of tugs and dredgers working day and night.

    The container ship was moved from the canal wall around 3 p.m. Egypt time on Monday. It then traveled north from the narrow southern end of the canal, where it ran aground on Tuesday, toward the Great Bitter Lake.

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