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Container Ship Blocking Suez Canal Threatens Global Economy Including Japan – JAPAN Forward

UPDATE: The Ever Given has been partially refloated. Nevertheless, economic damage has been done as the Suez Canal carries the crude oil and other products that…

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UPDATE: March 29, 2021 14:25 P.M.
A giant container ship named Ever Given, which had blocked Egypts Suez Canal since high winds pushed it aground on Tuesday, March 23, local time, has been partially floated as of Monday, March 29. 
The incident had stalled the flow of all shipping, including energy products such as crude oil and LNG, through the vital waterway which connects Europe and Asia.
While the ship is now free of the mud that held it diagonally across the canal, significant economic…

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