Giant Ship Blocking Suez Canal Freed, Shipping Resumes
The weeklong closure of the Suez Canal will continue to weigh on the economy despite the massive container ship that has been stuck there finally being freed on Monday, experts said.
Ever Given, the giant ship that has blocked the highly-trafficked waterway since March 23, was pulled free on Monday, a major step toward getting one of the world’s most important trade arteries moving again.
Companies from Ikea to Caterpillar have been affected, and tens of thousands of live animals, mostly sheep, have been stuck on ships in the area. Consumer goods like coffee, oil, and toilet paper have also been caught up in the jam.
Read More at the New York Post
