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.
Peacock shared the trailer for the second season of the celebrity competition show, 'The Traitors.'
Darden, the parent company of chain restaurants like Olive Garden and Ruth's Chris Steakhouse, beat Wall Street estimates in its latest earnings report.
A former Facebook executive pled guilty to stealing more than $4 million from the company while she was employed there.
Rising safety concerns over water bead products marketed to kids have prompted major retailers like Amazon, Target and Walmart to pull some toys off their shelves.
The Congressional Budget Office said Friday it expects inflation to nearly hit the Federal Reserve's 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years.
Intel is out with a new product to challenge other big players in the space like Nvidia and AMD.
Stocks fell after the opening bell Friday but will end on another positive week.
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Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale.
