Suez Canal -- Egypt showed the next shock -- The troubled Ever Given
The Suez Canal, a waterway connecting Asia and Europe, connects the Mediterranean and the Red Sea to ease the International Trade. One of the world's largest cargo ship, the "Ever Given", owned by a Japanese company, capsized on 23rd as it passed through the Suez Canal in Egypt, one of the world's major Canal system waterways. The shipping company said the ship was stranded across the canal due to a dust storm After 6 days of relentless effort by human beings and the grace of nature, the ship began to re-float. The waterway in the Suez Canal reinstate to normal. However, this incurred a huge loss in trade with international countries. The cargo ship 'Ever Given' is currently anchored at the outskirts of Suez Canal. In this Scenario, Egyptian authorities have ordered Ever Given owners to evacuate the ship on repaying the damage caused by the blockage of the canal. Meanwhile, Suez Canal management has filed a lawsuit in the Egyptian court, claiming USD One Billi