Chain Reaction

Ever Given - Supply Disruption in the Suez Canal


Listen Later

Over six days in March 2021 a real-world drama unfolded as the MV Ever Given was stranded in a narrow section of the Suez Canal just 6km in from the southern entrance. The disruption to supply chains in Europe with goods coming from Asia was estimated at around $10 billion dollars for each day the canal remained closed. The incident demonstrates the reliance placed on the Suez Canal and indeed other waterways that link continents. The gigantic container ships that sail continuously around the globe bringing essential as well as non-essential goods to businesses and consumers are a vital link between producer, supplier and customers. 

Ever Given is one of the longest container ships in service with a gross weight of 220,000 tonnes and a dead weight around 200,000 tonnes, powered by a low speed two-stroke diesel engine. The fully laden draft of the ship is under 15 metres. It has an all Indian crew establishment of twenty-five. In addition to the crew there were two Egyptian Pilots helping guide the ship through the canal from the Suez Canal Company when it ran aground on Tuesday 23rd March 2021 in heavy 40 knot winds and a sandstorm.  You can listen to my story about six days that closed the canal and disrupted global supply chains in this edition.
 
 Eight tugs tried to dislodge the ship on Thursday 25th March but without success. The next attempt tried removed 30,000 cubic metres of sand and mud from underneath the grounded ship. On Sunday 28th March with fourteen tugs and dredging taking place a small amount of water was said to be moving under the ship. Consideration was being given to removing some or all of the containers to lighten the load but this is no easy task and there is no handling equipment nearby to achieve that. On Monday 29th the ship was finally freed from its lodged position across the narrow stretch and it was moved to the Great Lake Area of the Suez Canal where at the time of writing it remains undergoing inspection. On Tuesday 30th March ships stuck in the canal began to get underway to their own destinations after a long delay.  The repercussions from the disruptive event are likely to last weeks if not months. It is likely ships will be delayed entering the destination port with delays likely to cause congest

Send us a text

Support the show

THANKS FOR LISTENING PLEASE SUPPORT THE SHOW
You can support the podcast by following the link here. It makes a big difference and helps us make great content for you to listen to. Follow like and share the Chain Reaction Podcast with colleagues and friends on social media: Facebook, Twitter, LinkedIn.
News about forthcoming programmes click here
SHARE
Please share the link with others so they can listen too https://chainreaction.buzzsprout.com/share

LET US KNOW
If you have any comments, suggestions or questions then just direct message on Linkedin or X (Twitter)

REVIEW AND RATE
If you like the show please rate and review it. Every vote helps.
About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon...

...more
View all episodesView all episodes
Download on the App Store

Chain ReactionBy Tony Hines


More shows like Chain Reaction

View all
Stuff You Should Know by iHeartPodcasts

Stuff You Should Know

78,750 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,235 Listeners

Global News Podcast by BBC World Service

Global News Podcast

7,784 Listeners

Economist Podcasts by The Economist

Economist Podcasts

4,181 Listeners

Odd Lots by Bloomberg

Odd Lots

1,985 Listeners

In Our Time by BBC Radio 4

In Our Time

5,478 Listeners

Founders by David Senra

Founders

2,191 Listeners

The Daily by The New York Times

The Daily

112,843 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,655 Listeners

FT News Briefing by Financial Times

FT News Briefing

653 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

6,088 Listeners

Resilient Supply Chain by Tom Raftery

Resilient Supply Chain

23 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,098 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,280 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,223 Listeners