Suez Canal blockage will have 'massive impact' on availability of goods in Europe and Asia
Telegraph, 24 Mar 2021
The Suez Canal blockage will have a "massive impact" on the production and availability of goods across Europe and Asia, according to a former merchant mariner.
Salvatore Mercogliano, who is also an Associate Professor of History at North Carolina's Campbell University, explained that 10pc of the world's trade passes through the Suez Canal, and that closing it means vessels have no way of transiting through it.
Mercogliano also noted the number of accidents on the Canal in the past year has been increasing, which has had an impact on other countries' economies.
Read the full story here: https://www.telegraph.co.uk/news/2021/03/24/suez-canal-blocked-ship-unable-turn-around/
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Salvatore Mercogliano, who is also an Associate Professor of History at North Carolina's Campbell University, explained that 10pc of the world's trade passes through the Suez Canal, and that closing it means vessels have no way of transiting through it.
Mercogliano also noted the number of accidents on the Canal in the past year has been increasing, which has had an impact on other countries' economies.
Read the full story here: https://www.telegraph.co.uk/news/2021/03/24/suez-canal-blocked-ship-unable-turn-around/
Subscribe to The Telegraph on YouTube ► https://bit.ly/3idrdLH
Get the latest headlines: https://www.telegraph.co.uk/
Telegraph.co.uk and YouTube.com/TelegraphTV are websites of The Telegraph, the UK's best-selling quality daily newspaper providing news and analysis on UK and world events, business, sport, lifestyle and culture.
