Tuesday, March 30, 2021

Wrong...

 



Experts boarded the massive container ship that blocked Egypt's vital Suez Canal and disrupted global trade for nearly a week, seeking answers to a single question that could have billions of dollars in legal implications: What went wrong?

As convoys of ships again began traveling in this artery linking East and West through the Mediterranean and Red Seas, hundreds more idled waiting for their turn. what caused the skyscraper-sized Ever Given to become wedged across the canal's southern single-lane on March 23.

When blame gets assigned, it could turn into years of litigation over the costs of repairing the ship, fixing the canal and reimbursing those who saw their cargo shipments disrupted. And since the vessel is owned by a Japanese firm, operated by a Taiwanese shipper, flagged in Panama and now stuck in Egypt, matters have quickly become an international morass.

No comments:

Post a Comment