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3/29, 3:31 PM (Source: TeleTrader)
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Suez Canal fully operational - officials

Egypt's Suez Canal Authority (SCA) chairman Osama Rabie stated on Monday that traffic in the Suez Canal resumed after the successful refloating of the Ever Given ship.

Following reports that the Suez Canal was unblocked earlier in the day, Rabie confirmed that the canal is now operational, giving way for some 400 vessels to start traversing the crucial international trade route.

The SCA stated it would need 3 and a half days to clear the congestion jam caused by the blockage, while the shipping company Maersk Group said it could take months for the backlog to be cleared.

Breaking the News / OL