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Tuesday, May 11, 2021
Home Most Visited Six days in Suez that altered the trade outlook

Six days in Suez that altered the trade outlook

Ever Given disrupted the trade bottleneck known as the Suez Canal, which handles around 12% of global trade annually, causing hundreds of vessels to stack up at either end of the waterway in less than a week and has led to US$900 million lawsuit.

The Suez Canal blockage prompts us to revisit access arrangements and practices for individual ships using capacity-constrained maritime infrastructures and passages. Such information is important for planning different operations and optimising infrastructure utilisation along the maritime supply chain.

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