25 days ago | By Forbes
The ship had run aground last week blocking one of the world's most important trade routes.
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25 days ago | By Business Insider
Summary List Placement A massive container ship stuck in the Suez Canal has been refloated, Bloomberg News reported, citing maritime services provider Inchcape.
The Ever Given had been stuck sideways across Egypt's canal since Tuesday, clogging a vital artery for the global economy and forcing multiple ships to turn around and reroute through Africa.
It's unclear how soon canal would be opened up to the more than 400 ships that are stuck waiting for it to clear.
This is a developing story. Check back for updates.
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25 days ago | By Time
Salvage teams freed the Ever Given in the Suez Canal, according to maritime services provider Inchcape, almost a week after the giant vessel ran aground in one of the world's most important trade paths.
While the ship is floating again, it wasn't immediately clear how soon the waterway would be open to traffic, or how long it will take to clear the logjam of more than 450 ships stuck, waiting and en route to the Suez that have identified it as their next destination.
The backlog is one more strain for global supply chains already stretched by the pandemic as the canal is a conduit for...
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25 days ago | By Business Insider
Summary List Placement The Ever Given made waves last week when it became wedged in Egypt's Suez Canal, blocking one of the world's most important trade routes and costing $400 million an hour in delayed goods.
But apparently, it wasn't the first accident for the big boat.
In 2019, the vessel collided with a small ferry in Germany, the Wall Street Journal reported. The small boat, which did not have any passengers aboard, was damaged and the skipper was mildly injured.
The Ever Given was traveling downstream on the Elbe River near Hamburg when it brushed up into the ferry. The vessel did...
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