Massive ship runs aground, blocking Suez Canal

One of the largest container ships in the world, a 400-meter and 200,000-ton vessel, has run aground in the Suez Canal...

... blocking one of the most important waterways in the world.

Around 12% of world trade, by volume, passes through the canal which connects Europe and Asia.

It also a major source of hard currency for Egypt.

Cargo trucks were lining the port entrance and ships were being diverted to an older canal after the vessel, called the "Ever Given" ran aground on Tuesday morning, according to Bernhard Schulte Shipmanagement, or BSM.

The canal authority says the mishap occurred because of bad weather.

Eight tug boats were attempting to free the vessel on Wednesday morning but some delays to shipping are expected.

BSM said all the crew are safe and accounted for and that there have been no reports of injuries or pollution.