The maritime traffic jam at the Suez Canal is costing world trade a loss of Rs 2900 crore per hour.
Outlook Web Bureau 27 March 2021
A giant container ship remains stuck sideways in Egypt's Suez Canal, one of the world's busiest trade routes. The authorities are trying hard to free the ship and reopen traffic in the crucial waterway for global shipping.
The Ever Given, owned by Japanese firm Shoei Kisen KK, got wedged Tuesday in a single-lane stretch of the canal, about 6 kilometers north of the southern entrance, near the city of Suez. While the jam is costing world trade a loss of Rs 2900 crore per hour, the internet is in laughing tears over the incident and having its own meme fest.
The authorities said that tugboats and workers were deployed to dredge the banks and seafloor near the vessel's bow to try to get it afloat again. The maritime traffic jam outside the canal grew to 280 vessels on Saturday.
Hilarious memes using #SuezCanal are flooding social media sites. Here are some of our favourites from Twitter. Have a look (laugh):
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