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An enormous container ship has blocked the Suez Canal and prices $ 9.6 billion in sea site visitors day by day

The Ever Given container ship has been on the ground since Tuesday.

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March
25, 2021

2 min read

According to Bloomberg, a large cargo ship stationed in Egypt's Suez Canal since Tuesday costs $ 9.6 billion in daily shipping.

The container ship Ever Given, a 224,000-ton ship owned by Taiwanese shipping company Evergreen Marine Corp., was on one of the world's busiest waterways earlier this week after being hit by 40-knot winds and a sandstorm. The blockade has now halted at least 185 ships carrying cargo.

Related: 6 International Shipping Mistakes and Ways to Avoid Them

Lloyd & # 39; s List notes that the backup affected traffic going west by about $ 5.1 billion per day and traffic going east by nearly $ 4.5 billion.

Of the ships now waiting to cross the waterway, about 40 are bulk carriers, 35 are container ships and 32 are general cargo ships, reports Bloomberg. The point of sale also notes that 17 of the ships are crude oil tankers and another 17 are chemical or product tankers. Arthur Richier, Vortexa's senior freight analyst, told Bloomberg that up to 13 million barrels of crude oil on 10 tankers could be affected by the blockade.

According to AP, the Ever Given was built in 2018 and is one of the largest container ships in the world. At the time of the incident, she was carrying cargo between Asia and Europe. The Japanese ship owner Shoei Kisen Kaisha Ltd. has since apologized for the inconvenience caused.

"We are determined to keep working hard to resolve this situation as soon as possible," it said in a statement. "We apologize to all parties involved in this incident, including ships that are traveling and planning to pass through the Suez Canal."

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