When a Desert Wind Blew $10 Billion of Global Trade Off Course

March 27, 2021, 8:46 AM

Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here

The forecast for Tuesday, March 23, showed wind gusts of more than 40 miles per hour and sand storms sweeping through northern Egypt. Indeed, such weather is common in the Sinai desert at this time of year.

The Suez Canal—one of the most critical, yet precarious waterways on the planet—remained open. Ships were starting to form the daily convoy as the gusts picked up. One of the world’s biggest container vessels, the Ever Given, joined it. The decision would reverberate globally ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.