Engineers successfully free ship stuck in Egypt’s Suez Canal

Three Days Necessary for Traffic in Suez Canal to Return to Normal, Egyptian President Says

Egypt said it may seek about $1 billion in compensation after a giant container vessel blocked the Suez Canal for nearly a week and rattled shipping markets.

"The SCA sent an email to the Panamanian ship two days ago to hand over its black box to start the investigations but it has not replied", he said, adding that it is a standard action from the side of the ships because they were waiting for a team from an global law firm to attend the investigations.

He did not specify who the Canal Authority would seek compensation from. "Hundreds of ships were left idling around the Suez Canal as engineers worked to dislodge a grounded vessel blocking the key shipping route in Egypt", the tweet read.

We truly apologize for creating many problems for ships in the Suez Canal and those preparing to go through the canal, the company appended. "It showed and reaffirmed the reality and importance (of the canal)", Sisi said. The Japanese owner of the ship, Shoei Kisen, undertook the task of refloating the vessel, while the process was closely overseen by the office of the Egyptian president.

"We didn't hope for something like this, but fate was doing its work".

Rabei said the investigation will try to determine what part, if any, human error or mechanical failure played in the incident, which halted more than 400 ships and closed the canal for six days. Taiwan's Evergreen Marine Corp., which operates the ship, said it's not responsible for cargo delays. The ship which blocked the Suez Canal for days has cost a staggering amount of money to the world's economy. Rabei told Egypt Today the canal will be upgraded to allow 95 ships through per day.

A cargo ship sails through the town of Ismailia, Egypt, Tuesday, March 30, 2021 as traffic resumed through the Suez canal after it was blocked by a massive ship that had been stuck sideways for almost a week.

Craig Pinos, the founder of Pinos Law, applied "direct pressure" on the ship's crew to increase its speed along the Suez Canal in order to ensure it docked at Felixstowe on 3 April as scheduled, according to the report.