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Ever Given's Suez Canal blockage still disrupting global shipping | Hellenic Shipping News Worldwide

Ever Given’s Suez Canal blockage still disrupting global shipping
Global shipping is still suffering ramifications a month after the giant Ever Given container ship ran aground in Egypt’s Suez Canal and blocked the key waterway for about a week.
Ports across the world are still clearing cargo logjams from March 23 when the ship first got stuck in the main shipping route between East and West. But even before the accident, global shipping was already facing disruptions caused by the COVID-19 pandemic.
Since Ever Given’s problems in the Suez Canal late March, container freight rates have surged more than 10% to a new high. This has forced companies to resort to airfreight which is substantially more expensive and rail transportation which is considerably slower. As such, global supply chains are still snarled up. ....

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