Showing posts with label Suez Canal. Show all posts
Showing posts with label Suez Canal. Show all posts

Thursday 23 September 2021

The Inside Story of the Ship That Broke Global Trade

The six-day stranding of the "Ever Given" in the Suez Canal last March did something incredibly rare: it made regular people care about shipping, the means by which more than 80% of the world’s goods are transported. It took only one wrong turn for the container ship to bring a critical trading artery to a standstill. This is how a $1 billion worth of cargo got stuck, freed and impounded as the courts took over. 

 

 
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