- The Marshall Islands-flagged MV Glory suffered a sudden technical failure while transiting through the canal.
- The blockage created a massive traffic jam that held up $9 billion a day in global trade.
- Opened in 1869, the Suez Canal provides a crucial link for oil, natural gas and cargo. It also remains one of Egypt’s top foreign currency earners.
A cargo ship carrying corn that went aground early on Monday in the Suez Canal was refloated and traffic through the crucial waterway was restored, Egyptian authorities said, reported by The Washington Post.
According to Adm. Ossama Rabei, head of the Suez Canal Authority, the Marshall Islands-flagged MV Glory suffered a sudden technical failure while transiting through the canal, and four tug boats were deployed to help refloat it.
The vessel, owned by Greek firm Primera Shipping Inc., was heading to China before it broke down at the 38 kilometer (24 mile) -mark of the canal, near the city of Qantara in the province of Ismailia, Rabei said.
After being refloated, the vessel was towed to a nearby maritime park to fix the problem, he said while the canal’s media office shared images showing the vessel being pulled by tugboats.
Rabei did not elaborate on the nature of the technical failure. Parts of Egypt, including its northern provinces, experienced bad weather Sunday.
Traffic in the canal resumed after the ship was refloated and 51 vessels were expected to pass through the waterway in both directions Monday, Rabei’s statement added.
Marwa Maher, a media officer with the canal authority, told The Associated Press the vessel ran aground around 5 a.m. local time and was refloated five hours later.
Canal services firm Leth Agencies posted a map that suggested the ship was against the west bank of the canal, pointed south and not wedged across the channel.
Satellite tracking data analyzed by the AP showed the Glory running aground in a single-lane stretch of the Suez Canal just south of Port Said on the Mediterranean Sea.
Traffic Marine, a vessel tracking firm, said the Glory, bound to China, was transiting the canal at 8.5 knots when an engine broke down.
Loss of billions
The Glory wasn’t the first vessel to run aground in the crucial waterway. The Panama-flagged Ever Given, a colossal container ship, crashed into a bank on a single-lane stretch of the canal in March 2021, blocking the waterway for six days.
The Ever Given was freed in a giant salvage operation by a flotilla of tugboats. The blockage created a massive traffic jam that held up $9 billion a day in global trade and strained supply chains already burdened by the coronavirus pandemic.
Widening the waterways
The Ever Given debacle prompted Egyptian authorities to begin widening and deepening the waterway’s southern part where the vessel hit ground.
In August, the Singaporean-flagged Affinity V oil tanker ran aground in a single-lane stretch of the canal, blocking the waterway for five hours before it was freed.
The Joint Coordination Center listed the Glory as carrying over 65,000 metric tons of corn from Ukraine bound for China.
The vessel was inspected by the center — which includes Russian, Turkish, Ukrainian and United Nations staffers — off Istanbul on Jan. 3.
Opened in 1869, the Suez Canal provides a crucial link for oil, natural gas and cargo. It also remains one of Egypt’s top foreign currency earners.
In 2015, President Abdel Fattah el-Sissi ‘s government completed a major expansion of the canal, allowing it to accommodate the world’s largest vessels.
Built in 2005, the Glory is 225 meters (738 feet) long and 32 meters (105 feet) wide.
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Source: The Washington Post