Inchcape Shipping Services has announced that the container ship blocking Suez Canal has been refloated in the early hours of Monday Morning. The good news has also been confirmed by Osama Rabie, head of the Suez Canal Authority, according to his statement in state TV, published by CNN.
It is expected that the canal is ready for passage during today. The waiting for the 369 ships stuck in a tailback to pass through the canal on either side of the blockage is finally over, although there is still a long way to regain the normal traffic in the main maritime route between Asia and Europe.
It will take a while for the supply chain to get back to normal. When the waiting vessels arrive at their destinations, ports will likely have to face congestion.
Noatum Logistics will continue working alongside our clients to offer alternative solutions to minimize the impact of this situation on their supply chain.
Image source: Suez Canal Authority