Suez Canal backlog is CLEARED: More than 400 supertankers stuck in shipping traffic jam are freed

Egypt’s Suez Canal Authority said on Saturday that a shipping traffic jam of over 400 tankers caused by a giant container vessel getting stuck on the crucial waterway for almost a week has been cleared. Traffic on the canal, a conduit for over 10 percent of world trade, had begun moving again on Monday evening … Read more

Uncorking the Suez: Dozens of supertankers trapped for a week FINALLY start flooding through

The first of hundreds of trapped ships snaked their way through a newly unblocked Suez Canal on Monday as the saga over the waterway seems to be coming to an end.    The bow of the 220,000-ton Ever Given container ship was finally dislodged from the channel’s bank on Monday and towed up the waterway after tugboats … Read more