image credit: Robert Schwemmer / Wikimedia

Ever Given delays to cost traders £4.4bn seeing online retailers take the brunt

March 30, 2021

Via: Charged

The Ever Given’s blockage of the Suez Canal is set to cost traders a total of £4.35 billion as experts warn ecommerce retailers will feel the effects for months to come.

The 400-metre-long container ship was successfully refloated yesterday after running aground nearly a week ago, freeing around 18,300 containers full of goods and opening up one of the world’s busiest trade routes.

Despite the canal, which sees around 12 per cent of global trade pass through it every day, being open once more experts have warned that the impact of the monumental traffic jam is far from over.

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