March 29, 2021
Cargo ship in Suez Canal fully refloated
The cargo ship blocking the Suez Canal in Egypt was fully refloated this morning, paving the way for traffic in the channel to resume. The 1,300-foot ship ran aground last week, blocking the canal (which transmits 12% of global trade). The ship was partially refloated yesterday, and a timeline for the canal to fully reopen was not provided.
