Oil Tanker Runs Aground in Suez Canal, Later Refloated
An oil tanker ran aground in the Suez Canal late on Wednesday. Five hours later, tug boats refloated the tanker, Affinity V, which had a technical fault with its rudder causing it to block the southern section of the canal. It was traveling southbound through the canal to the Red Sea. The tanker had left from Portugal and was heading to the Saudi Arabian Red Sea port of Yanbu.
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The site where the Affinity V stopped is the same area where the massive Ever Given cargo ship ran aground and blocked the canal for six days in March 2021. The blocking of the canal cost Egypt between $12 million and $15 million in revenues for each day the canal was closed. Nearly 19,000 ships passed through the canal in 2020.
The canal currently is undergoing an expansion, including extending a second channel so that ships can pass in both directions and deepening an existing channel. Work on the expansion is set to be completed in 2023.
