Efforts to dislodge the massive Ever Given container vessel blocking the Suez Canal will take until at least next Wednesday. Vessels that had been scheduled to traverse the Suez Canal are beginning costly and time-consuming detours around Africa as the shipping sector scrambles to keep deliveries moving. South Korea’s HMM instructed a container ship that departed the UK on Monday to divert around the Cape of Good Hope to avoid the gridlock. At least seven liquefied natural gas vessels have had routes adjusted away from the canal, according to Kpler analyst Rebecca Chia, and major shippers including A.P. Ships queuing on either end of the Suez Canal area are likely to wait to determine how long the passage will be closed before taking a decision to divert, he said.

Source: News 24 March 26, 2021 13:41 UTC