Opinion

Suez Canal container ship accident is a worst-case scenario for global trade

By Rory Hopcraft, Kevin Jones, Kimberly Tam
Updated March 28 2021 - 7:35pm, first published March 26 2021 - 2:19pm
Container ship Ever Given is blocking the Suez Canal. Picture: Suez Canal Authority
Container ship Ever Given is blocking the Suez Canal. Picture: Suez Canal Authority

It's estimated that 90 per cent of the world's trade is transported by sea. As consumers, we rarely give much thought to how the things we buy make their way across the planet and into our homes. That is, until an incident like the recent grounding of a huge container ship, the Ever Given, in the Suez Canal exposes the weaknesses in this global system.