A cargo ship Ever Given was stuck in the Suez Canal, a passage used by lots of shipping companies to move goods around the world.
The massive Ever given massive ship was stuck, and this derailed the shipping routes of many companies and countries around the globe.
Ever Given ship is the largest ship in the world, it can take up to 20,000 containers at a time per trip, it weighs 220,00 tons and it’s 1,300s ft long.
According to CNBC, Around 12% of global trade passes through the Suez Canal. Lloyd’s List estimates that more than $9 billion worth of goods passes through the 120-mile waterway each day, translating to around $400 million per hour.
“Today, the Egyptians have succeeded in ending the crisis of the delinquent ship in the Suez Canal despite the tremendous technical complexity that surrounded this process from every side,” Egyptian President Abdel Fattah El-Sisi said Monday in a tweet.
The ship has been refloated, it moving and now other ships can pass.