![]() ![]() ![]() "In effect, you have the forces of nature pushing hard with you, and they pushed harder than the two sea tugs could pull."Įxperts said that a couple days' delay would be a major inconvenience for shipping companies, but that a week or more could prove catastrophic, and not just for shipping companies. "We were helped enormously by the strong falling tide we had this afternoon," Peter Berdowski, CEO of Boskalis, the company that lead the rescue effort, told The Associated Press. The effort was aided by a worm moon, which caused a high tide that made floating the ship easier. In 2014, the Egyptian government spent $9 billion to expand the Suez Canal, widening it so that twice the number of ships could pass through, in the hopes that it would drastically boost revenue. ![]() British and French forces then retreated after condemnation from the US and the Soviet Union, seen as a key moment in the post-imperial world order. While Egypt was at war with an invading Israel, Britain and France sent troops to the canal, blocked it and sank dozens of ships. When Egypt's president nationalized the canal in 1956, it led to the Suez Canal crisis. It was built in the 19th century, and until Egypt's independence, it was owned by the Ottoman Empire but operated by a mostly French- and British-owned company. The Suez Canal is a major source of both revenue and national pride for Egypt. It adds that of the $900 million the SCA demanded, $300 million was for "loss of reputation." It says the SCA rejected the order before officially detaining the Ever Given. UK Club, the insurer for the Ever Given, told Reuters it made a "generous" compensation offer to the SCA. ![]()
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