Will the Ever Given exit the Great Bitter Lake in the Suez Canal by July 25?

What is this market about?

This is a market on whether the Ever Given container ship (IMO: 9811000, MMSI 353136000) will be allowed to exit the Great Bitter Lake area, where it is currently being held by Egyptian authorities in the Suez Canal, by July 25, 2021, 12:00 PM ET, the resolution date. For the purpose of this market, exiting the Great Bitter Lake area will mean that the Ever Given has a latitude higher than 30.43000 N (i.e. about a mile north of the northern tip of Great Bitter Lake) or lower than 30.15000 N (i.e. about a mile south of the southern tip of the Little Bitter Lake), by the resolution date. The resolution source for this for this market will be the Ever Given's latitude and longitude coordinates, as tracked by Vessel Finder and displayed in their “Position & Voyage Data” table (https://www.vesselfinder.com/vessels/EVER-GIVEN-IMO-9811000-MMSI-353136000).