Suez Canal: Massive cargo ship freed after nearly a week, averting “catastrophic disaster”

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  • Global News published this video item, entitled “Suez Canal: Massive cargo ship freed after nearly a week, averting “catastrophic disaster”” – below is their description.

    Salvage teams on Monday set free a massive container ship that has halted global trade through Egypt’s Suez Canal, bringing an end to a crisis that for nearly a week clogged one of the world’s most vital maritime arteries.

    Marcus Baker, the global head of maritime and cargo at Marsh Inc. said it was a “great relief” the Ever Given was freed, saying a “catastrophic disaster” was looming had the stricken container vessel not been refloated Monday.

    While normal traffic can now resume, the incident caused significant delays to shipments, which Baker said highlights the relative “fragility” of the global supply chain and its heavy reliance on the maritime industry.

    It is unknown how long it will take to clear the backlog at the Suez.

    For more info, please go to https://globalnews.ca/news/7725609/suez-canal-free-ever-given-ship/

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    In This Story: Egypt

    Egypt, a country linking northeast Africa with the Middle East, dates to the time of the pharaohs. Millennia-old monuments sit along the fertile Nile River Valley, including Giza’s colossal Pyramids and Great Sphinx as well as Luxor’s hieroglyph-lined Karnak Temple and Valley of the Kings tombs.

    The capital, Cairo, is home to Ottoman landmarks like Muhammad Ali Mosque and the Egyptian Museum, a trove of antiquities. 

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