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How one of the world's biggest ships jammed the Suez Canal


Vivian Yee and James Glanz, The New York Times
Published: 18 Jul 2021 01:09 PM BdST
Updated: 18 Jul 2021 01:09 PM BdST
FILE A giant container ship docked at the Yangshan Port in Shanghai, China, May 27, 2019. As container ships have grown larger, many ports and canals have not made adjustments to accommodate them. Four months after the megaship Ever Given got stuck in the canal, neither the canal nor the shipping industry has addressed some of the most critical issues that led to the grounding. (Lam Yik Fei/The New York Times)
When the Ever Given one of the largest container ships ever built, more sideways skyscraper than boat got stuck in the Suez Canal for six days in March, it dammed up worldwide shipping and froze nearly $10 billion in trade a day. ....

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Suez Canal officials say deal reached to free seized vessel


Suez Canal officials say deal reached to free seized vessel
The vessel had run aground in the single-lane stretch of the canal on March 23.
By Press Association
Monday 5 Jul 2021, 6:57 AM
17 hours ago
30,657 Views
12 Comments
Source: PA Images
THE SUEZ CANAL Authority said it has reached an agreement to settle a financial dispute with the owners of a giant container ship that blocked the crucial waterway for nearly a week earlier this year.
The authority did not reveal details of the settlement deal with Shoei Kisen Kaisha, the Japanese owner of the Ever Given.
It said the deal will be signed in a ceremony in the Suez Canal city of Ismailia on Wednesday. ....

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