New York (CNN Business)The U.S. Coast Guard is working on a plan to safely refloat a 1,095-foot container ship operated by Evergreen Marine Corp. that grounded in the Chesapeake Bay Sunday night.

This comes nearly a year after the container ship Ever Given, also operated by Evergreen Marine, became grounded in the Suez Canal, clogging up one of the world's most vital trade arteries for nearly a week and disrupting global supply chains.