The giant container ship “Ever Given” that blocked traffic in the Suez Canal for the last week resumed its journey, after being successfully refloated. The efforts to float the delinquent Panamanian container ship Ever Given are successful.
We take a look at the key numbers that have been involved in the operation.
The Ever Given is 400m-long (1,312ft) and weighs 200,000 tonnes, with a maximum capacity of 20,000 containers. It is currently carrying 18,300 containers.
The ship is operated by Taiwanese transport company Evergreen Marine and is one of the world's largest container vessels.
The wind speed at the time was recorded at 40 knots, but the Suez Canal Authority (SCA) told reporters that this was not the only reason for the ship becoming stranded.
As of Sunday, there were 369 ships stuck in a tailback waiting to pass through the 193km (120-mile) canal on either side of the blockage.
Meanwhile, there have been more than 145,200 social interactions on Twitter using the #SuezBLOCKED hashtag and at least 133,000 shares, according to real-time analysis by brand monitoring platform BrandMentions.
About 12% of global trade, around one million barrels of oil and roughly 8% of liquefied natural gas pass through the canal each day.
SCA chairman Osama Rabie said that the Canal's revenues were taking a $14m-$15m (£10.2m-£10.9m) hit for each day of the blockage.
Prior to the pandemic, trade passing through the Suez Canal contributed to 2% of Egypt's GDP.
Separately, data from Lloyd's List showed the stranded ship was holding up an estimated $9.6bn of trade along the waterway each day. That equates to $400m and 3.3 million tonnes of cargo an hour, or $6.7m a minute.
Looking at the bigger picture, German insurer Allianz said its analysis showed the blockage could cost global trade between $6bn to $10bn a week and reduce annual trade growth by 0.2 to 0.4 percentage points.
Shipping broker Braemar ACM told the Wall Street Journal that the cost of renting some vessels to ship cargo to and from Asia and the Middle East had jumped 47% to $2.2m.
Some vessels have been rerouted to avoid the Suez Canal. That is adding around eight days to their total journeys.
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