Higaki, who is president of Shoei Kisen Kaisha, the company which owns the container ship, added that 10 tugboats had been deployed to dredge the banks and canal bottom, Insider previously reported.He said: The ship is not taking water. There is no problem with its rudders and propellers. Once it refloats, it should be able to operate, according to the BBC.White House Press Secretary Jen Psaki told reporters during a news conference on Friday: We're tracking the situation very closely. We understand that Egyptian officials are working to remove the tanker as soon as possible and continue traffic. We're consulting with our Egyptian partners about how we can best support their efforts.It may also lead to shortages of toilet paper, coffee, furniture, and other imported goods and stockpiling as seen during COVID-19.Lloyd's List, a British shipping news journal, also noted that the Suez Canal is responsible for 10% of all international trade with around 1.9 million barrels of oil transported through it every day.