Suez Canal Blockage Adds Strain to Global Supply Chains

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    Greensea Systems
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    A stuck container vessel in the Suez Canal, which has blocked the flow of goods through the narrow channel, will add strain to global supply chains already stretched by rebounding economic activity and tight shipping container supplies, analysts said on Friday.

    The 400-metres long Ever Given container vessel has been stuck in the canal since Tuesday, suspending traffic of containers transporting goods, parts and equipment through the shortest sea link between Europe and Asia.

    The blockage comes as shipments have already been disrupted by the coronavirus pandemic and a surge in demand for goods.

    Efforts are under way to free the vessel, although salvage experts warn the process may take weeks.

    Read more by visiting MarineLink.com

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