When the ultra-large box ship Ever Given lodged itself sideways in the Suez Canal, blocking all traffic, containerized cargo shippers may have thought to themselves, “What else can go wrong? Let’s hope this ends quickly.” Tanker owners and investors probably thought something different: “Finally, something positive. Please let this ship be stuck for weeks.”
The Ever Given grounded during a sandstorm Tuesday morning. As of late Wednesday night, it was still stuck. But the blockage is expected to...
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