Lars Jensen, the head of Sea Intelligence Consulting, said: “There are already now multiple ships bypassing [the route from the Mediterranean into the canal] and are now going south.
“It is the right point in time to make that decision. So for now, it will appear that the vessels that are waiting in line [in the canal], would simply cross [their] fingers and hope that this will be resolved.”
According to the latest data, some 51.5 ships traverse the canal each day – amounting to a staggering 18,500 ships in 202, carrying a net tonnage of 1.17 billion tonnes.
As you can see from the live tracker of the canal and surrounding waters, the Ever Given’s dire position has left the area backed up for five days now.