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Photo: Xinhua/Wang Dongzhen via Getty Images

The Suez Canal Authority said that all 422 ships that had been waiting for the massive "Ever Given" cargo ship to be freed passed through the canal as of Saturday, clearing the backlog caused by the blockage, Reuters reports.

Why it matters: The cargo ship was stuck for six days causing downstream damage to the global economy. The Suez Canal is a vital connection between European and Asian Markets, with approximately 30% of global container shipping volumes passing through, Axios' Jacob Knutson reports.

What they're saying: Osama Rabie, head of the SCA, said the final 61 ships of the 422 were expected to pass on Saturday, per Al Jazeera.

  • The SCA did not immediately respond to Axios' request for comment.

What to watch: Rabie told Egyptian media on Friday the SCA was conducting an investigation to examine what caused the "Ever Given" to become jammed, adding that the probe would last at least two more days, after which results would be announced.

Go deeper

Felix Salmon, author of Capital
Apr 2, 2021 - Economy & Business

The Suez Canal is clear, but shipping is still broken

Illustration: Sarah Grillo/Axios

International shipping and supply chains are in rough shape, even without a container ship lodged in the Suez Canal.

Why it matters: The pandemic threw a wrench into the gears of a global network that was already struggling with oversized ships and unbalanced product flows. Given how long it takes for the system to recover from any kind of shock, the echoes of the Ever Given disruption are likely to reverberate for months.

Obama says Powell exemplified what America "can and should be"

Then-President Obama speaks alongside former Secretary of State Colin Powell during a meeting in the Oval Office in 2010. Photo: Saul Loeb/AFP via Getty Images

Former President Obama called Colin Powell an "exemplary soldier and an exemplary patriot" in a statement honoring the former general following his death from COVID-19 complications on Monday.

Why it matters: Powell, the first Black U.S. secretary of state, was known as a Republican but played a critical role in helping Obama get elected in 2008.

Justice Department asks Supreme Court to block Texas abortion ban

Abortion rights activists rally at the Texas State Capitol on Sept. 11 in Austin, Texas. Photo: Jordan Vonderhaar/Getty Images

The Justice Department on Monday asked the Supreme Court to temporarily block Texas' near-total ban on abortions while federal courts consider its constitutionality.

The big picture: The court last month allowed the ban to take effect, rejecting an emergency application by abortion-rights groups. The law bars the procedure after cardiac activity is detected, as early as six weeks into pregnancy.