Suez Canal Authority held the giant ship and its crew in a lake between two stretches of the waterway since it was dislodged on March 29, amid a dispute over a demand for compensation.
Suez Canal Authority says 85 ships passed the waterway from both sides, ending backlog of shipping that built up after giant vessel Ever Given ran aground in vital trade artery on March 23.
Massive spending to upgrade the Suez Canal hasn't done anything to stop incidents like the Ever Given last month. So what exactly was the point again?
Egypt's Suez canal Authority warns the ship and its cargo will not be allowed leave if the issue of damages goes to court.
When blame gets assigned, it could turn into years of litigation over the costs of repairing the ship, fixing the canal and reimbursing those who saw their cargo shipments disrupted.
Helped by the peak of high tide, a flotilla of tugboats managed to wrench the bulbous bow of the skyscraper-sized Ever Given from the canal's sandy bank, where it had been firmly lodged since last Tuesday.
Japanese owner says facing “extreme difficulty” refloating ship stuck in Suez Canal, with at least 150 vessels, waiting to pass after the skyscraper-sized cargo vessel was wedged across the vital waterway, imperilling global shipping.
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