The giant cargo ship blocking maritime traffic in the Suez Canal was dislodged from the banks of the key trade route early on Monday morning and is now afloat, a global shipping company reported. The MV Ever Given, a Panama-flagged, Japanese-owned ship that carries cargo between Asia and Europe, got stuck diagonally in a single-lane stretch of the canal last Tuesday.
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The Dutch-flagged Alp Guard, a specialist tugboat, arrived at the location Sunday, according to the stuck ship's technical management company, Bernard Schulte Shipmanagement. The Italian-flagged tugboat Carlo Magno was also close, having reached the Red Sea near the city of Suez early Sunday, satellite data from MarineTraffic.com showed.
The tugboats, along with at least 10 others already there, were used to nudge the 400-meter-long (quarter-mile-long) Ever Given as dredgers continue to vacuum up sand from underneath the vessel and mud-caked to its port side, Bernhard Schulte said.
Egypt's losses from any incident that jams the canal are estimated at upward of $12 million a dp an estimated $9.6 billion-worth of cargo each day between Asia and Europe.