A large container ship is stuck in Egypt’s Suez Canal, blocking other vessels fr…
A large container ship is stuck in Egypt’s Suez Canal, blocking other vessels from moving in both directions and sparking a traffic jam in one of the most important waterways in the world. The Ever Given, which is sailing under the flag of Panama, is lodged at the 94-mile mark of the canal after entering the the crucial East-West trade route on Tuesday morning. Eight tug boats are working to get it moving again. About 12% of the world trade volume passes through the man-made Suez Canal, which is a major source of hard currency for Egypt. “Tankers carrying Saudi, Russian, Omani and US oil are waiting on both ends,” according to Tanker Trackers, which monitors vessels through satellite and maritime data.
(📸: Ashraf Amin via Twitter/Suez Canal Authority/AP)
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