The Ever Given ran aground in Suez Canal, Egypt, on March 24 2021. It has since been refloated. Picture: SUEZ CANAL AUTHORITY/HANDOUT VIA REUTERS
The canal is working to clear the backlog after the refloating this week of a stranded giant container ship. The blockage threw global supply chains into disarray. The 2020 loss for the 330-year-old Lloyd's market, home to about 100 syndicate members, compares with a £2.5bn profit in 2019.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about sir JamesHFxbt.