The megaship blocks the shipping artery through which more than 10 per cent of global maritime trade passes.
Old sections of the canal are reopened in an effort to ease congestion, but this does not solve the fundamental problem because there is only one lane on the southern end where the ship is stuck. "We've never seen anything like it before," said Ranjith Raja, Middle East oil and shipping researcher at international financial data firm Refinitiv.
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