3/29, 7:59 AM (Source: TeleTrader)
more TeleTrader news

Ship blocking Suez turned, not afloat yet - owner

Ever Given, the ship that has been blocking the Suez Canal since the previous week, had turned but was not yet afloat, its owner Shoei Kisen Kaisha said on Monday.

The Suez Canal Authority (SCA) added the process had started successfully and would continue throughout the day, aided by higher tides. The officials added the ship's course had been corrected by approximately 80%.

Ever Green was refloated earlier in the day after spending almost a week stranded in the Suez Canal, disrupting an estimated $9.6 billion a day.

Breaking the News / JR