Energy, retail, and food: Ever Given blockage threatens supply chains

Published March 26, 2021 6:51pm ET



Global trade has been unsettled after a massive container vessel became wedged in the Suez Canal and blocked passage, possibly for weeks to come.

The 200,000-ton behemoth known as Ever Given ran aground earlier this week when a powerful sandstorm packing winds in excess of 45 mph buffeted the ship and caused it to become lodged between the banks of the critical passageway. Since the incident, officials have been working to dislodge the vessel, although estimates about how long that might take vary from days to weeks.

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