financetom
World
financetom
/
World
/
In pics: Giant container ship Ever Given gets stranded in Suez Canal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
In pics: Giant container ship Ever Given gets stranded in Suez Canal
Mar 25, 2021 3:34 AM

In pics: Giant container ship Ever Given gets stranded in Suez Canal

SUMMARY

The Ever Given, a cargo container ship that's among the largest in the world, has turned sideways and blocked all traffic in Egypt's Suez Canal threatening to disrupt a global shipping system already strained by the coronavirus pandemic.

By CNBCTV18.comMar 25, 2021 9:17:28 PM IST (Updated)

The Ever Given, a cargo container ship that's among the largest in the world, has turned sideways and blocked all traffic in Egypt's Suez Canal threatening to disrupt a global shipping system already strained by the coronavirus pandemic.

The container ship ran aground after it was hit by strong winds on March 24.

The cargo ship Ever Given sits with its bow stuck into the wall after it turned sideways blocking traffic in a crucial East-West waterway for global shipping. An Egyptian official warned Wednesday it could take at least two days to clear the ship.

Lt. Gen. Ossama Rabei, head of the Suez Canal Authority, second right, speaks to other staff onboard a boat near the stuck cargo ship Ever Given after it becomes wedged across Egypt’s Suez Canal and blocked all traffic in the vital waterway. An Egyptian official warned Wednesday it could take at least two days to clear the ship.

An Egyptian woman sits by the Suez Canal after several protesters set fire to tires on the city's dock in an attempt to prevent ships from coming into the strategic city of Port Said at the Mediterranean end of the Suez Canal, in Egypt.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading
Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading
Nov 4, 2024
10:31 AM EST, 11/04/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.52% to 2,072.20 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by used car ecommerce platform Uxin ( UXIN ) and consumer lending firm LexinFintech ( LX ) , which...
TSX Down 45 Points at Midday, With Telecoms Down 2.2%
TSX Down 45 Points at Midday, With Telecoms Down 2.2%
Nov 4, 2024
12:23 PM EST, 11/04/2024 (MT Newswires) -- The Toronto Stock Exchange is down 45 points at midday with telecoms the biggest decliner. The telecoms sector is down 2.2%. BCE is down 10% to a multi-year low after it announced the $5 billion acquisition of U.S. internet provider Ziply Fiber. It is also the most actively traded on the TSX, with...
European Equities Close Mostly Lower in Monday Trading; Eurozone PMI Nudges Higher
European Equities Close Mostly Lower in Monday Trading; Eurozone PMI Nudges Higher
Nov 4, 2024
12:00 PM EST, 11/04/2024 (MT Newswires) -- The European stock markets closed mostly lower in Monday trading as The Stoxx Europe dropped 0.26%, the Swiss Market Index lost 0.59%, France's CAC fell 0.50%, Germany's DAX was down 0.47%, while the FTSE in London nudged 0.09% higher. The HCOB Eurozone Manufacturing PMI, which gauges the health of eurozone factories compiled by...
BMO Comments on Canada's Provincial Bond Returns in October
BMO Comments on Canada's Provincial Bond Returns in October
Nov 4, 2024
11:36 AM EST, 11/04/2024 (MT Newswires) -- Canadian long provincial returns were modestly weaker in October, as a backup in Government of Canada (GoC) yields was partly offset by tighter spreads, said Bank of Montreal (BMO). The 30-year GoC yield rose by 14 bps and, despite a 50bps rate cut by the Bank of Canada, most yields were higher in...
Copyright 2023-2025 - www.financetom.com All Rights Reserved