Suez Canal ship Ever Given partially refloated after huge effort to unblock key trade route

Shipping rates for oil product tankers nearly doubled after the ship became stranded, Reuters reported, and the blockage has disrupted global supply chains, already strained by Covid-19 restrictions.

If the blockage dragged on, shippers may have been forced to reroute their cargoes around the Cape of Good Hope at the southern tip of Africa, adding about two weeks and extra fuel costs to journeys.

NBC Suez Canal ship Ever Given partially refloated after huge effort to unblock key trade route

Ship is listing.. Not good news, for a ship that is already top heavy. Maybe they removed too much oil and ballast from below…