❌ The stranded container ship blocking the Suez Canal for almost a week was re-floated on Monday and is currently being secured, Inchcape Shipping Services said, raising expectations the vital waterway will soon be reopened. ❌ The ship was successfully re-floated at 4.30 am local time and was being secured at the moment, Inchcape, a global provider of marine services said on Twitter. ❌ Ship-tracking service VesselFinder has changed the ship’s status to under way on its website. ❌ The stranded container ship blocking the Suez Canal for almost a week was re-floated on Monday and is currently being secured, Inchcape Shipping Services said, raising expectations the vital waterway will soon be reopened. ❌ The ship was successfully re-floated at 4.30 am local time and was being secured at the moment, Inchcape, a global provider of marine services said on Twitter. Ship-tracking service VesselFinder has changed the ship’s status to under way on its website. ❌ The Suez Canal Authority had earlier said in a statement that tugging operations to free the ship had resumed. The Suez Canal salvage teams intensified excavation and dredging on Sunday and were hoping a high tide would help them dislodge it. ❌ Crude oil prices fell after news the ship had been re-floated, with Brent crude down by $1 per barrel to $63.67. ❌ The ship’s technical manager Bernhard Schulte Shipmanagement (BSM) did not immediately respond to a request to comment. --------------------------- Cre: Reuters