Suez Canal blockage adds to pressure points in global trade
In this photo released by Suez Canal Authority, the Ever Given, a Panama-flagged cargo ship, is pulled by one of the Suez Canal tugboats, in the Suez Canal, Egypt, Monday, March 29, 2021. Engineers on Monday "partially refloated " the colossal container ship that continues to block traffic through the Suez Canal, authorities said, without providing further details about when the vessel would be set free. (Suez Canal Authority via AP)
The plight of a mammoth container ship stuck in Egypt's Suez Canal has highlighted still more pressure points in global trade, a year after supply chains were disrupted by the coronavirus pandemic.
Salvage teams managed to free the Ever Given on Monday, but it was unclear when ship traffic through the critical trade gateway would return to normal...
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