The huge container ship that blocked the Suez Canal for nearly a week earlier this year finally reached the port of Rotterdam in the Netherlands on Thursday to begin unloading its cargo.
As dawn broke over the sprawling port, the Ever Given eased into the Amazonehaven container terminal months later than originally planned.
The Panama-flagged vessel was heading for Rotterdam when it plowed into the sandy bank of a single-lane stretch of the canal about 6 kilometers (3.7 miles) north of the southern entrance, near the city of Suez on March 23.
A massive salvage effort freed the skyscraper-sized vessel six days later, allowing a traffic jam of hundreds of waiting ships to pass through the canal.
Earlier this month, the Ever Given left the canal’s Great Bitter Lake, where it had been held for over three months amid a financial dispute. It was freed to continue its voyage after the ship's Japanese owner, Shoei Kisen Kaisha Ltd., reached a compensation settlement with canal authorities following weeks of negotiations and a court standoff.
The Dutch port said the vessel is expected to remain in Rotterdam until Aug. 5, when it will head for the English port of Felixstowe.
The union representing Southwest Airlines pilots says it reached a new contract agreement in principle with the airline following three years of negotiations.
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
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Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Monsanto was ordered to pay $857 million to students and parent volunteers at a Washington school.
A federal judge has struck down hundreds of lawsuits filed against the makers of Tylenol and generic acetaminophen.
California regulators are preparing to vote on new rules for turning recycled wastewater into drinking water.
