The blockage of the Suez Canal by stranded container supership MV Ever Given is turning out to be more of a catastrophe than originally anticipated.
Taiwan-based Evergreen Group, the ship’s operator, said Friday it will take at least another two or three days to get the ship moving again, and it could take weeks for Suez traffic to return to normal.
Maritime traffic is beginning to route around the blocked canal, adding weeks to shipping time and millions in additional costs. An estimated $9.6 billion in shipped goods is being held up by the calamity every day.
We Often Feel Like David Taking on Giants
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