Suez Canal Blockage Shows How Dependent The World Economy Is To A Few Global Chokepoints


DW: Suez Canal blockage: 4 of the biggest trade chokepoints
A giant container ship blocking the Suez Canal has put the vulnerabilities of global trade center stage. DW looks at the major shipping routes most at risk from unforeseen events.
The Ever Given, a 400-meter (1,300-foot) container ship got stranded in Egypt's Suez Canal on Tuesday and has since been blocking the vital maritime passageway between Asia and Europe.
The suspension of traffic through the narrow channel has deepened problems for world trade already disrupted by the coronavirus pandemic.
Dozens of ships — including several oil tankers — are now waiting either side of the canal, according to Refinitiv shipping data, while several others have been rerouted. That is likely to add up to 15 days to their journey.
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More News On The Global Chokepoints
Suez Canal blockage adds to pressure points in global trade — AP
Suez Canal blockage shows vulnerability of world’s trade choke points — SCMP
How Global Seaborne Oil Depends On Major Chokepoints [Infographic] — Forbes
Global Oil Shipments Depend On These Major Chokepoints — Zero Hedge
Op-Ed: Suez Canal shutdown highlights another weak link in global supply chain — CNBCOriginal Article

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