CAIRO – The Suez Canal stepped up efforts on Friday to free a stuck mega vessel, after an earlier attempt failed to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains for everything from grains to baby clothes.
U.S. President Joe Biden said his administration was looking at what it could do to help, after the 400-metre (430-yard) long Ever Given ran aground in the vital trade waterway on Tuesday due to strong wind.
“We have equipment and capacity that most countries don’t have. And we are seeing what help we can be,” Biden told reporters in Delaware.
A U.S. official, speaking on the condition of anonymity, sa…
Keep on reading: Suez Canal steps up efforts to free stuck vessel, U.S. watches energy market impact