BNO - Suez Canal ship 'now afloat'; oil falls - Bloomberg
The Ever Given, the ship that has been stranded in the Suez Canal for almost a week, has been partially refloated, according to shipping officials - Bloomberg.Maritime services provider Inchcape Shipping Services said that the vessel had been refloated at about 4:30 a.m. local time in Egypt and was being secured.Ten tug boats participated in the refloating operation, the Suez Canal Authority said earlier. The breakthrough in the rescue attempt came after diggers removed 27,000 cubic meters of sand, going deep into the banks of the canal.The ship became stranded in the canal on March 23, after running aground while entering the Suez canal from the Red Sea, bringing one of the world's busiest shipping lanes to a standstill and sparking fears of disruption to world trade.Oil prices retreated, with Brent oil down 1.69%, at $63.48 a barrel. U.S. crude fell 2.00%, to $59.71 a barrel.Prices are getting some support from expectations
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Suez Canal ship 'now afloat'; oil falls - Bloomberg