The Ever Given container ship stuck in the Suez Canal was finally pulled free, allowing the crucial trade route to reopen to traffic.
The vessel is now fully afloat, the Suez Canal Authority said in a statement. Tug boats hauled the giant vessel away from the side of the waterway, where it had been lodged since last Tuesday.
Efforts will now get under way to restart shipping navigation, with more than 450 vessels waiting near the canal. The backlog has strained global supply chains already stretched by the pandemic as the route is a conduit for about 12% of global trade.
Brent crude dropped 0.6% to trade at $64.20 a barrel as of 2:16 p.m. in London.
Subscribe to our YouTube channel: [ Ссылка ]
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit [ Ссылка ], or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: [ Ссылка ]
Connect with us on…
YouTube: [ Ссылка ]
Breaking News on YouTube: [ Ссылка ]
Twitter: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]
