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Just In Time Disaster

from AP

Shipping losses mount from cargo vessel stuck in Suez Canal

By JON GAMBRELL and SAMY MAGDY

ISMAILIA, Egypt (AP) — Dredgers, tugboats and even a backhoe failed to free a giant cargo ship wedged in Egypt’s Suez Canal on Thursday. More than 150 vessels are now backed up, with hundreds more headed to the vital waterway, and losses to global shipping are mounting.

The skyscraper-sized Ever Given, carrying cargo between Asia and Europe, ran aground Tuesday in the narrow, man-made canal dividing continental Africa from the Sinai Peninsula. Even helped by high tides, authorities have been unable to push the Panama-flagged container vessel aside, and they are looking for new ideas to free it.

[ click to continue reading at AP ]

Posted on March 24, 2021 by Editor

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