Suez Canal Blockage Could Drive $40B in Trade Disruption: Analysts

A fully stocked cargo ship heading out to sea.

The Evergreen container ship currently blocking the Suez Canal after plunging one of the world’s busiest trade routes into chaos could be carrying goods worth $89 million and threatens to create more than $40 billion dollars of trade disruption, according to analysis from Russell. Reports on the still-unfolding event say rescue boats are working to… Continue reading Suez Canal Blockage Could Drive $40B in Trade Disruption: Analysts