Blockade in the Suez Canal: the most expensive traffic jam in the world

The gigantic container ship “Ever Green” could block the Suez Canal for weeks. The jump in the price of oil was just the beginning. The real consequences for Europe’s economy will become apparent in the next few days.

Wien. Two days after the 400-meter-long container ship “Ever Green” ran aground in a sand storm in the Suez Canal, the colossus is still stuck in the bottleneck of world trade. Rescue teams report that the 224,000-ton ship is jammed diagonally in the canal “like a stranded whale”. And behind the “Ever Green” there are now 156 large container ships and oil tankers in what is probably the most expensive traffic jam for years.

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