SUEZ, EGYPT -- Hope rose Sunday salvage efforts would free a mammoth container ship blocking the Suez Canal for six days, crippling international trade and causing multi-million-dollar losses.
The crisis has forced companies to reconsider re-routing vessels around Africa's Cape of Good Hope, a longer and more expensive way to travel between Asia and Europe. Despite some predictions that the megaship could be refloated soon, Lloyd's List, a shipping data and news company, said Sunday there was a "surge" in the number of vessels opting to go around Africa.
A study published Friday by German insurer Allianz said the blockage could cost global trade $6-10 billion a day, shaving off some 0.2 to 0.4 percentage points of annual trade growth each week.
If they don't remove the weight on it it will never move it.
Get some drivers down with hand shovels and sand bags, geez.
Simple. Put two dams on the canal in front and behind the ship. Then squeeze them together to make the water rise.
These geniuses can't figure out that unloading the ship will greatly improve its mobility
Not sure why they just don't make an underwater tunnel for other ships to pass through
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