Ever Given grounding underscores vulnerability of global supply chain
Last updated 4/7/2021 at 8:02am
The Ever Given’s grounding in one of the narrowest parts of the Suez Canal underscores the vulnerability of the world’s supply chain. The reverberations will be felt for months as consumer demand, suppressed by the COVID pandemic, ramps up.
The canal, which was completed in 1869, is the main shipping artery between Asian and European seaports through which 10 percent of the global shipping...