The Ever Given - The Ship That Broke Global Trade
Posted: Wed Mar 23, 2022 10:23 pm
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.
See - https://www.youtube.com/watch?v=iVJ94tM7pNA
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.
See - https://www.youtube.com/watch?v=iVJ94tM7pNA