August 9, 2022

Crypto Engine is a crypto trading tool for investing in the crypto market with an %88 average win rate on trades and is the #1 trading software for crypto traders from all around the globe in 2022. Try it For FREE Today. 


It was finally good news for the entire shipping companies when EverGreen was finally free to move outside out of the Suez Canal. According to reports, the massive Ever Green ship was finally brought back to the right position on Monday, March 29, 2021.

Even though EverGreen is now moving smoothly through the open Ocean, with the rest of the ships trailing as normal, yet it has caused a lot of problems for the upcoming months.

The EverGreen ship was stuck in the Suez Canal for 6 days and due to that, none of the ships using the same route were stuck. They had two options which were that they would either wait for EverGreen to be put in the right direction or take a different route. Even the second shortest route would have added another 2 weeks to their allocated journey.

Although things the Suez Canal are now back to normal, yet this 6-day disruption is going to have impacts that would last for several months.

The Supply Chain Managements’ executive vice president at the strategy and alliances, Douglas Kent has talked about the impact of the recent incident that took place at the Suez Canal.

Kent stated that right now we are celebrating that the ship finally got released and the Suez Canal is no longer blocked, but the impact of this 6-day incident will be felt for months to come.

This is just the beginning of problems that almost 10% of the world’s population is going to experience for several months.

As a result of this, the ports will be occupied with backlog shipping and several other problems will emerge at the docks. This will further impact the economic situation of many countries that are already struggling just like other countries due to the pandemic.

It was last Tuesday, March 23, 2021, when EverGreen, one of the largest ships in the world got stuck in the Suez Canal. It was reported that the winds from the Red Sea were the reason that the ship got push and ended up going sideways in the Suez Canal.

The width of the Suez Canal is 205 meters while the length of the EverGreen ship is 400. As the ship turned sideways, it got stuck into the Suez Canal and as result, several other ships also had to wait until the ship could be freed.

According to reports, the ship was freed from the Suez Canal on Monday, March 29, 2021, at 9 am ET. It was reported that there were more than 10 tugboats that had to pull the ship in order to set it free. At the time of the incident, the ship’s overall weight was 220,000 tons.


trade now

Altcoin Directory is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Some of the content on this site (namely Branded Content Posts) is paid content that is not written by our authors and the views expressed do not reflect the views of this website. Any disputes you may have with brands or companies mentioned in our content will need to be taken care of directly with the specific brands and companies. The responsibility of our readers who may click links in our content and ultimately sign up for that product or service is their own. Cryptocurrencies, NFTs and Crypto Tokens are all a high-risk asset, investing in them can lead to losses. Readers should do their own research before taking any action.


Leave a Reply

Your email address will not be published.

Only $250 and you're Rich - Simple way to make $1,372/Day Learn More
Skip to content