The 224,000-ton cargo ship Ever Given crashed on the coast east of the Suez Canal on Tuesday, March 23. According to the Suez Canal Authority (SCA), the ship had poor visibility due to 46 mph winds and sandstorms. The front part of Ever Given got stuck aground in Asia, whereas the rest of its rear part in Africa. Attempts to re-float the ship were made on Thursday, March 25, but were not successful. On Thursday evening, dredgers removed sand and clay around the front part of Ever Given, and on Saturday, March 27, 14 tugboats pushed the ship to a high tide to dislodge it. Peter Berdowski, CEO of a Dutch construction company said that the ship’s removal may take “days to weeks, depending on what you come across.”

Suez Canal is an important trade route. About 12% of global trade passes through the 120-mile channel, and it is the shortest known link between Asia and Europe. Every day, about 50 ships arrive at the port to accomplish their daily trade. However, due to the accident, ships will be forced to look for alternative routes, and the travel time will take as much as two weeks longer. Delays in the delivery of essentials and goods, including fuel, may be possible. Moreover, an increase in fuel prices is to be expected.