M/V Glory, a cargo vessel carrying grain from Ukraine that run aground in the Suez Canal has been refloated and the incident will not contribute to significant shipping traffic, according to Suez Canal Authority

Live map data from Refinitiv indicated that the ship was stopped at around 6:45 a.m ( GST). Soon after that, shipping agency Leth tweeted that efforts to refloat the vessel were underway and later tweeted that it has been re-floated by Suez Canal Authority tugs and only minor delays are expected. 

Image from Refinitiv Eikon (Interactive Map). Source: Refinitiv Eikon
Image from Refinitiv Eikon (Interactive Map). Source: Refinitiv Eikon
Image from Refinitiv Eikon (Interactive Map). Source: Refinitiv Eikon

"The ship is refloated and starting to move slowly now. The ship’s speed has changed to 0.9 KTS now. It was helped by the tugs – Port Said / Svitzer Suez 1 / Ali Shalabi," Ranjith Raja, Head of EMEA Oil & Shipping Research at Refinitiv told Zawya.

According to Refinitiv, two bulk carriers, Hing Fa Shang hai & Anka Sun, had to be stopped behind M/V Glory.

"The ship is still indicating its Automatic Identification Systems (AIS) Status as Restricted Manoeuvrability," Raja said. "Due to this incident, the Southbound transit seems to have been halted and a total of 21 ships are now waiting in the Great Bitter Lake anchorage for the canal to be cleared, to proceed on their Northbound transit," he added.

It wasn’t immediately clear what caused the incident on Monday morning.

Suez Canal traffic is unaffected by the grounding of the M/V Glory vessel, Suez Canal Authority (SCA) Chairman Osama Rabie told Al-Arabiya on Monday, Reuters reported.

The Suez Canal is one of the world’s busiest waterways and and provides the shortest sea link between Asia and Europe.

The 193km (120-mile) canal connects the Mediterranean Sea at the its northern end to the Red Sea in the south.

In 2021,  Suez Canal was blocked when the 400m-long (1,312ft) Ever Given became wedged across it after running aground amid high winds, disrupting global trade as hundreds of ships were stuck in the traffic jam.

(Reporting by Seban Scaria; editing by Daniel Luiz)

(seban.scaria@lseg.com)