Released On April 01, 2021

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In today's episode of the Business 360 Podcast, we will talk about how the large container vessel, the Ever Given, stopped global trade by blocking the Suez Canal. We will use the Think Business approach and discuss the economical global fallout caused by the Suez Canal being shut down.

How can one vessel blocking one of the most important trade arteries in the world have such a large impact on global trade costing companies billions of dollars?

We will break down the scenario in the following buckets:

  • Suez Canal
  • All The Other Companies
  • Suez Canal Authorities
  • The Local Shipping Agents
  • The Ever Given Owners and Operators
  • Liabilities

 

In episode 11 of the Business 360 Podcast, we will cover:
  1. Global Trade
  2. Supply Chain Vulnerabilities
  3. Chartering
  4. The Cargo and Fright Game
  5. Shipping Agents
  6. Maritime Litigation
 
The Ship That Broke The Suez Canal

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Here's your highlight guide to the episode:

[04:08] - How Suez Canal impacts global trade

[05:54]- Second bucket of the Think Business approach  

[08:48] - Third bucket of the Think Business approach

[09:49] - Fourth bucket of the Think Business approach 

 

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