Logistics UK has welcomed news the EverGiven cargo vessel has been freed from the Suez Canal.

The giant ship – carrying 20,000 containers - became wedged into the narrow Suez Canal leading to a huge maritime traffic jam with hundreds of vessels queueing up at the waterway's entrance and exit points.

"News the stranded cargo vessel, the EverGiven, has finally been refloated and is no longer blocking the Suez Canal is excellent news for global supply chains," said Logistics UK general manager for Public Policy, Alex Veitch.

"However, with more than 300 ships stuck behind the ship waiting to travel through the canal, the impact of the incident will continue to be felt around the world for some weeks.

"Any delay to deliveries from the Far East will mean delays in picking up goods from UK ports for export, as well as slowing down deliveries into the UK's supply chain. Goods affected by the delays will include seasonal stock for UK retailers, so gaps may start to appear unless the situation is resolved quickly.

"It is now vitally important to clear the traffic jam of ships delayed in the Canal as quickly as possible, to restart the supply chain and minimise any disruption.  However, the clearance of so many ships at one time could cause congestion at ports along the supply chain, with a resultant slowdown in port productivity."

Bosch confirmed to just-auto it was currently able to maintain logistics chains worldwide; co-ordinating with its suppliers, customers and logistics service providers.

Logistics UK represents more than 7m people directly employed in the making, selling and moving of goods.