- Staff Notice
Display MoreA lone JCB was struggling to free the stuck Suez ship yesterday — as it costs the world £7billion a day in lost trade.
Two digger drivers were taking it in turns to claw sand and rock from the beached prow of the 1,312ft-long Ever Given vessel.
Experts warned the 200,000 tonne ship may take weeks to shift — sparking a trade crisis affecting “everything you see in the shops”.
Oil prices rose further yesterday as it emerged the logjam of 150 vessels in Egypt’s Suez Canal is valued at £30billion-plus.
They are carrying enormous quantities of oil and gas, cars, food, furniture, clothes and electronics, plus Covid vaccine and PPE.
Nine tug boats were also battling to pull free the ship, which has been wedged tight since Tuesday.
I thought they would get this cleared quickly but it looks like it is becoming a major event. It might even start the panic buying again.