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Home » Ukraine Grain Ship Refloated after Running Aground in Suez Canal

Ukraine Grain Ship Refloated after Running Aground in Suez Canal

SHIPS SAIL THROUGH THE SUEZ CANAL

Suez Canal. Photo: iStock.com/IgorSPb

January 9, 2023
SupplyChainBrain

A cargo vessel carrying Ukrainian grain briefly ran aground in the Suez Canal before being refloated and towed away, according to the Egyptian authority running the vital waterway.

The Guardian reports that the incident involving the 225-metre Marshall Islands-registered M/V Glory had sparked fears of a repeat of a blockage in 2021, when the large container ship Ever Given became diagonally wedged in the canal.

The SCA chief, Osama Rabie, gave the all-clear on January 9, adding that traffic was moving normally on the Suez canal after the authority had mobilized four tugboats to tow the ship, allowing it to resume its journey.

Smooth traffic through the canal is crucial for Egypt, which has been battered by an economic crisis during which its currency has lost 75% of its value in less than a year.

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