The number of vessels stuck in a traffic jam outside the Suez Canal rose to 200 Friday as recent efforts to free a cargo ship wedged between the Canal’s two banks failed. Dislodging the stuck ship, the Ever Given, could take up to a week, and the vessel can encounter structural issues while it remains stuck, a salvage expert told the Associated Press (AP). The Suez Canal handles approximately 12% of international trade. Its recent blockage threatens to harm the world economy and poses a disruption to global supply chains, CNBC reported.... The ensuing traffic jams forced several cargo ships...
