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Suez Canal Authority says Ship '80 percent' Refloated

VOA News

   Officials with the Suez Canal Authority (SCA) said Monday they have
   succeeded in moving the massive container ship Ever Given "80 percent"
   in the right direction, signaling the six-day blockage of the crucial
   waterway may be coming to an end.
   Officials with the authority told reporters that further tugging
   operations would resume to fully restore the ship in the right
   direction once the tide rises later Monday.
   The 400-meter ship became jammed diagonally across a southern section
   of the canal in high winds on March 23, halting shipping traffic on the
   shortest shipping route between Europe and Asia.
   While the canal is still not open, Egyptian President Abdel Fattah
   al-Sisi from his official Twitter account wasted no time declaring the
   crisis over.
   "By restoring matters to their normal course, with Egyptian hands, the
   whole world will be assured of the path of its goods and needs that are
   passed by this axial navigational artery," he tweeted.
   But the CEO of the salvage company involved in the rescue efforts told
   Dutch public radio the operation was far from complete.
   The developments come after nearly a week of blocked traffic at the key
   shipping route connecting the Red Sea to the Mediterranean Sea.

   More than 360 ships were waiting to enter the canal as of late Sunday.
   Egypt is eager to resume traffic along the Suez Canal, which brings in
   between $5 billion and $6 billion in revenue each year. According to a
   study by German insurer Allianz, each day of the blockage in the canal
   could cost global trade between $6 billion and $10 billion.
   Some maritime firms responded to the delays by deciding to divert ships
   around the Cape of Good Hope, at the southern tip of the African
   continent.
   After further dredging and excavation over the weekend, efforts by
   rescue workers from the SCA and a team from Dutch firm Smit Salvage
   worked to free the ship using tug boats in the early hours of Monday,
   two marine and shipping sources said.
   Marine traffic through the canal will resume once the ship is directed
   to the Great Lakes area, a wider section of the canal, it added. As of
   early Monday, at least 369 vessels were waiting to transit the canal.