The Suez Canal, an artificial waterway in Egypt, was blocked for nearly a week by the Ever Given container vessel but has now been partially re-floated. The blockage was impacting the flow of vehicles and other products. “The obstruction has held up (US)$9 billion each day in global trade and strained supply chains already burdened by the coronavirus pandemic,” said CBC. “At least 367 vessels, carrying everything from crude oil to cattle, were still waiting to pass through the canal.” (Source: CBC) Read the original article…
