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The Suez Canal shortens cargo transit between Europe and Asia by weeks, but it is hard to navigate. Massive ships carry thousands of containers down the relatively narrow, not-so-deep canal. An accident – like the giant ship Ever Given going aground and blocking the canal – causes an economic riptide. As Kit Chellel, Matthew Campbell and K. Oanh Ha report in Bloomberg Businessweek, this accident stalled billions in goods and paralyzed the just-in-time supply chain.
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About the Authors
Kit Chellel is a senior writer for Bloomberg Businessweek based in London, England. Matthew Campbell, the Asia Editor for Bloomberg Businessweek, writes about international politics and business. K. Oanh Ha is a senior reporter covering Asia for Bloomberg Businessweek.
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