The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday.
'The traffic jam' includes 320 vessels stuck in the Suez Canal.
Efforts to dislodge a giant container ship blocking the Suez Canal had allowed its stern and rudder to move on Saturday, but it remained unclear when it could be refloated, The Jerusalem Post reported.
The 400-meter (430-yard) long Ever Given became wedged diagonally across a southern section of the canal amid high winds early on Tuesday, disrupting global shipping by blocking one of the world's busiest waterways.
