The massive Ever Given ship is still stuck in the Suez canal failing to move away with all the efforts being put forth till now .
Bernhard Schulte Shipmanagement, which is responsible for managing the ship’s crew and maintenance, has said that an investigation into the incident is underway. But officials have yet to release any details, including who has been questioned. Typically, Suez-based pilots guide the ship through the narrow passage, and the management company has said that two pilots were on board when the boat ran aground.
Continued failure to dislodge the ship could become a source of embarrassment for Egypt, where the canal and its pivotal role in global trade is a source of national pride. The country spent $8 billion to widen parts of the canal in 2015, but not the section in question.
“There is a risk there, and it’s probably another reason why the ocean carriers will think twice before they actually go around the Horn,” said Genevieve Giuliano, a professor at the University of Southern California’s Sol Price School of Public Policy.
While most consumer goods passing through the Suez Canal are headed from China to Europe, the cascading chain of dominoes will eventually reach America. “We’re all connected globally,” Platten said.
The ongoing crisis highlights how much of the world economy relies on seafarers, some of whom have gone a full year without taking a break or seeing their families because of the pandemic, Platten said.
