by Tyler Durden
Tuesday, Apr 06, 2021 - 06:39 AM
Update (0800ET): Six ships that had been stuck behind the Rumford have started to move as this morning s latest traffic trouble in the Suez dissipates. The first vessel, Aframax crude tanker Minerva Nike, heading north through the canal at nearly 12 knots at around noon London time. The Rumford, meanwhile, has entered the Great Bitter Lake.
Update (0700ET): The Italian tanker is now operational and just resumed the Suez Canal Transit. The northbound convoy flow is back to normal, according to an emailed note from Inchcape Shipping Services obtained by Bloomberg.
Little more than a week has passed since the Ever Given was successfully freed from a particularly narrow passage in Egypt s Suez Canal, yet the canal is already struggling with another potential blockage Tuesday.