Massive Ship Blocking Suez Canal Costs About $400 Million An Hour

Work to re-float the Ever Given and free up oceangoing carriers hauling almost $10 billion of oil and consumer goods was expected to begin early Thursday in Egypt. Tugs and diggers failed to budge the vessel on Wednesday, and dredgers are still trying to loosen the vessel before any attempt to pull it out, the ship’s manager said.
Read more...

;