The massive container ship that ran aground in the Suez Canal, halting traffic in one of the world's busiest waterways, is still stuck. The ship, called the Ever Given, became horizontally wedged in the waterway following heavy winds. Nearly 19,000 ships passed through the canal during 2020, for an average of 51.5 per day, according to the Suez Canal Authority.
On March 15, 2021, about 1302 local time, the oil tanker Riverside with a crew of 21 and 2 pilots was transiting outbound from the port of Corpus Christi, near Ingleside, Texas, in a loaded condition when the vessel lost propulsion and struck the no. 4 loading dock at the Moda Ingleside Energy Center. 1 No pollution or injuries were reported. Damage to the vessel was estimated at $550,000. The estimated property damage to the facility was $7 million.
As the container shipping industry continues to boom, companies are adopting new technologies to move cargo faster and shifting to crewless ships. But it’s not all been smooth sailing and the future will see fewer players stay above water. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://...
