Suez Canal No Longer Blocked, But Are Damages Incurred from Supply Chain Disruptions Recoverable? by Richard Fechter, JD, CAMS, CFE
Posted on April 15, 2021 by Richard Fechter
The 1,312-foot Ever Given container ship wedged across the Suez Canal for six days in late March upended global trade and created a bottleneck of nearly 400 vessels unable to meet their contractual delivery obligations. Today, even as ships pass freely through the critical waterway that carries 12 percent of the world’s trade volume, businesses […]