Suez Canal Blockage Shows Fragility of Global Supply Chains

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    Greensea Systems
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    The suspension of ship traffic through the Suez Canal has given the many a good glimpse into the world of shipping and its importance within the global economy.

    The old saying is that shipping transports about 90% of global trade. About 12% of that trade passes through the Suez Canal, the critical chokepoint that offers the shortest route between Europe and Asia. So when a ship like the Ever Given runs aground and blocks the critical waterway, just about everyone takes notice.

    Read more by visiting gCaptain.

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