The 400-metre (430-yard) long Ever Given
became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting shipping traffic on the shortest shipping route between Europe and Asia.
After further dredging and excavation over the weekend, efforts by rescue workers from the SCA and a team from Dutch firm Smit Salvage worked to free the ship using tug boats in the early hours of Monday, two marine and shipping sources said.
"The MV Ever Given was successfully re-floated at 04:30 lt 29/03/2021. She is being secured at the moment. More information about next steps will follow once they are known," said Inchcape Shipping on its Twitter account.
Video posted on social media appeared to show the ship's stern had swung around, opening space in the canal. Other footage, which could not be immediately verified by Reuters, included cheering and ships' horns sounding in celebration.
Ship-tracking service VesselFinder has changed the ship's status to under way on its website.
The Ever Given became jammed diagonally across a southern section of the canal in high winds early on Tuesday, halting shipping traffic on the shortest shipping route between Europe and Asia.
At least 369 vessels were waiting to transit the canal, including dozens of container ships, bulk carriers, oil tankers and liquefied natural gas (LNG) or liquefied petroleum gas (LPG) vessels, SCA Chairman Osama Rabie told Egypt's Extra News on Sunday.
Crude oil prices fell after news the ship had been re-floated, with Brent crude down by $1 per barrel to $63.67. Shares of Taiwan-listed Evergreen Marine Corp - the vessel's lessor - rose 3.3 percent.