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littlemissmartypants

(30,880 posts)
Thu Mar 25, 2021, 11:28 PM Mar 2021

Suez blockage is holding up $9.6bn of goods a day [View all]

Suez blockage is holding up $9.6bn of goods a day
Justin Harper - Business reporter, BBC News
March 25, 2021, 11:57 pm

https://news.yahoo.com/suez-blockage-holding-9-6bn-021954132.html

The stranded Ever Given mega-container ship in the Suez Canal is holding up an estimated $9.6bn (£7bn) of goods each day, according to shipping data.

This works out at $400m an hour in trade along the waterway which is a vital passageway between east and west.

Data from shipping expert Lloyd's List values the canal's westbound traffic at roughly $5.1bn a day, and eastbound traffic at around $4.5bn a day.

Despite efforts to free the ship, it could take weeks to remove experts say.

Much more at the link.

Track the Ever Given here on Vessel Finder:

https://www.vesselfinder.com/?imo=9811000

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❤ pants

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