A significant economic incident was averted when a large cargo ship was refloated from the Suez Canal, a crucial maritime route. The blockage had potentially disrupted the flow of goods worth $12 billion per day. The incident underscored the importance of the canal for global trade, especially for Turkey, which relies on the canal for exporting to Africa via Libya. The incident also highlighted the potential for reducing logistics times by using Libya as a logistics base, and negotiations for air cargo between Turkey and Libya are underway to further reduce transportation times to Africa.