Monday Sunrise Briefing: Is Suez Canal megaship a trend too far?
Mar 29, 2021
3 minutes
An unusually high tide Monday helped partially free the giant cargo ship stuck in the Suez Canal. For the first time in five days, the stern was loose. But the bow remained lodged as of press time. “Don’t cheer too soon,” said Peter Berdowski, CEO of Boskalis, the salvage firm hired to extract the Ever Given.
Stuck since Tuesday, the container ship has become a parable of the risks of megaships. The big vessels - this one holds 20,000 containers - promise to move more stuff with less fuel and crew.
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