The big news right now is that the Suez Canal is blocked. That’s a USD$9 billion daily hit to imports/exports. That’s big news.
But the astounding thing really, is the sheer size of the ship that is stuck – the Ever Given! It is 400 metres long (1/4 mile for the Luddites). That’s long enough to park 4.5 Boeing 747-8’s end to end! The width is a staggering 59 metres.
![](https://ideas24.co/wp-content/uploads/2021/03/EVER_GIVEN_1200px-1024x573.jpg)
If the ship is fully loaded right now, it is weighs in at up to 220,000 metric tonnes. And therein lies the problem! It’s pretty much an immovable object.
![](https://ideas24.co/wp-content/uploads/2021/03/suez-canal-explainer-1024x1024.jpg)
Human ingenuity built the ship and I’m sure human ingenuity will find a way to free it. But don’t expect it to happen any time soon!
What do you think?