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Suez Canal blockage could affect shipments to Montreal and Halifax, experts say

The grounding of a skyscraper-sized container ship in the Suez Canal has the potential to disrupt shipments from Asia to ports in Montreal and Halifax, industry experts and shipping companies say.

The Ever Given, a Panama-flagged ship that carries cargo between Asia and Europe, became wedged across the waterway on Tuesday, blocking traffic in one of the world’s most vital corridors for international trade.

Johanna Stroex says that although the majority of cargo from Asia travels to Canada via the Pacific Ocean, there is a portion that comes through the Suez Canal.

The spokeswoman for a major container shipping company says goods mainly transported to Canada along those routes are retail and consumer goods.

An Egyptian official says efforts to refloat the ship are underway and will take at least two days.

Evergreen Marine Corp., the Taiwan-based shipping company that operates the ship, said in a statement that the Ever Given had been overcome by strong winds as it entered the canal from the Red Sea but none of its containers had sunk.

–With files from The Associated Press

This report by The Canadian Press was first published March 24, 2021.

Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/suez-canal-blockage-could-affect-shipments-to-montreal-and-halifax-experts-say-1.5360704

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