An Insurance Business Magazine article.
The grounding of the Ever Given in the Suez Canal in March has highlighted the delicate nature of the global supply chain at a time when it was already under monumental stress as a result of the COVID-19 pandemic. The massive container ship, which weighs 224,000-tons and is longer than New York City’s Empire State Building, was beached during strong winds and a sandstorm, blocking the key global shipping route for six days until she was re-floated and freed.
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