Meanwhile, dozens of vessels have opted for the alternate route around the Cape of Good Hope near Africa's southern tip - a 3,100-mile detour that adds about two weeks to journeys and costs ships hundreds of thousands of dollars in extra fuel and other costs. Tug boats taking part in the operation honked their horns in celebration.
When high tide returns at 11:30 a.m. local time on Monday, salvage crews will resume their attempts to pull the ship into the middle of the waterway and toward the Great Bitter Lake, a wide stretch of water halfway between the north and south end of the canal, where it will undergo technical examination, he said.
"Admiral Osama Rabie, the Chairman of the Suez Canal Authority (SCA), announces the resumption of maritime traffic in the Suez Canal after the Authority successfully rescues and floats the giant Panamanian container shipEVER GIVEN", a statement from the SCA said.
The skyscraper-sized Ever Given became stuck in the Suez Canal last Tuesday and has held up $9 billion in global trade each day, bringing disruption to the vital waterway.
Video released by the Suez Canal Authority showed the Ever Given moving, surrounded by the tugboats that helped free it.
With canal transits stopped, Egypt already has lost over $95 million in revenue, according to the data firm Refinitiv.
Hundreds of other vessels remained trapped in the canal waiting to pass, carrying everything from crude oil to cattle.
Even before the ship was fully freed, Egyptian President Abdel Fattah el-Sissi portrayed the development as a victory in his first comments on the stranded vessel. "I thank every honest Egyptian who contributed technically and practically to ending this crisis".
The Ever Given became jammed diagonally across a southern section of the canal in high winds almost a week ago, halting shipping traffic on the shortest shipping route between Europe and Asia. Tugboats pushed and pulled to budge the the behemoth from the shore, their work buoyed by high tide at dawn Monday that resulted in the vessel's partial refloating. He said that workers had nearly completely straightened the vessel's course and that the stern had moved 102 meters (334 feet) from the canal bank.
It is estimated that it could take more than 10 days to clear the number of waiting ships. Millions of barrels of oil and liquified natural gas flow through the artery from the Persian Gulf to Europe and North America.
The unprecedented shutdown, which raised fears of extended delays, goods shortages and rising costs for consumers, has prompted new questions about the shipping industry, an on-demand supplier for a world now under pressure from the coronavirus pandemic. Clothing, electronic products and construction materials are among the goods that enter the port from Asia, port spokeswoman Melanie Nadeau said.