Suez Canal blockage forces operators to reroute ships
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How the blockage in the Suez Canal is impacting trade
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European and international companies are tracking the growing backlog at the Suez Canal as authorities there struggle to refloat a 1,300-foot ship that’s been stuck for days, likely leading to some products not reaching customers on time. Some retail and manufacturing importers are considering alternative routes, including sending goods using pricier airfreight or on ships sailing around Africa, which could stretch out deliveries by as long as two weeks. Read more: https://on.wsj.com/39ciBmL (Vi
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NEW FROM SUEZ: Footage from the canal shows the scale of the Ever Given blockage. Bloomberg's Emma Ross-Thomas reports on what's stuck. https://trib.al/Jwo1PdC | Bloomberg Originals
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