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.
Italian car maker Fiat is opening an apartment building in Fort Lee, New Jersey.
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Closing arguments began in the trial of FTX co-founder Sam Bankman Fried.
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The Federal Reserve Board will announce its decision on interest rates following the conclusion of its two-day meeting.
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A Missouri jury found the National Association of Realtors and other brokerages liable for nearly $1.8 billion in damages on Tuesday. The jury found the parties conspired to keep commissions for home sales artificially high and the lawsuit looked at sales that took place between April of 2015 through June of 2022.
Stocks were little changed in the opening session on Wednesday ahead of the interest rate decision by the Federal Reserve later.
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