Suez Canal: Ever Given partially refloated minimising fears of supply chain disruption

The Ever Given – the massive container ship grounded in the Suez Canal, has been refloated. Saloni Sardana looks at what happening, and its effects on world trade.

Ever Given container ship in the Suez Canal
The Ever Given: almost free
(Image credit: © AFP via Getty Images)

A container ship which was stuck in the Suez Canal for almost a week has been partially refloated, raising hopes that hundreds of ships that were stuck in a traffic jam carrying billions worth of global trade can soon be released.

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni