Description

The ship’s grounding in the Suez Canal and the subsequent halt of traffic
illustrated that the ease of movement of goods is critical to the success of
international trade. This year, shipping lane and port congestion issues highlighted
an already difficult transportation capacity situation brought upon by the pandemic
and the years of increasing international trade. We would like to have a
discussion of the ripple effects of the EVER GIVEN grounding on international
trade and lessons we have learned, and the steps we can take, as importers,
exporters, and logistics operators to reduce the risk of the rising demand for
shipping capacity.