{"id":42838,"date":"2021-03-26T17:11:00","date_gmt":"2021-03-26T17:11:00","guid":{"rendered":"http:\/\/sticky-highjinx.flywheelsites.com\/?p=42838"},"modified":"2025-03-03T08:25:23","modified_gmt":"2025-03-03T13:25:23","slug":"industry-insights-cargo-vessel-blocks-suez-canal-impact-on-supply-chain","status":"publish","type":"post","link":"https:\/\/envistacorp.techyscouts.dev\/en-au\/2021\/03\/26\/industry-insights-cargo-vessel-blocks-suez-canal-impact-on-supply-chain\/","title":{"rendered":"Industry Insights: Cargo Vessel Blocks Suez Canal – Impact on Supply Chain"},"content":{"rendered":"Reading Time: <\/span> 2<\/span> minutes<\/span><\/span>\n

On Tuesday, March 23, 2021, a cargo ship became wedged in the Suez Canal<\/a> near Suez, Egypt, halting marine traffic from one of the busiest waterways in the world. The 224,000-ton vessel measuring nearly four football fields in length, suffered poor weather conditions including 40-knot winds and a sandstorm that caused low visibility. Attempts to refloat the vessel, called Ever Given, in the following days were unsuccessful and authorities are now focused on removing sand and mud surrounding the ship. It is estimated the dislodgement could take anywhere from days to weeks.<\/p>\n\n\n\n

A Heightening Marine Traffic Jam<\/h2>\n\n\n\n

In the meantime, the cargo ship has continued to block the waterway, creating a bottleneck of at least 160 vessels carrying vital fuel and cargo in both directions, a number that continues to grow. Producing one of the worst jams seen in years, ships coming from different directions have had to anchor in various waiting areas in the Great Bitter Lake, Red Sea and Mediterranean. Others have been forced to re-route, adding a significantly amount of travel time to their journeys.<\/p>\n\n\n\t\t

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What Does this Mean for Supply Chain?<\/h2>\n\n\n\n

Port congestion across the globe has continued to feel the effects of shifting buyer patterns in the wake of the COVID-19 pandemic and this congestion shows no signs of easing. The Suez Canal spans 120 miles with approximately 30 percent of the world\u2019s shipping container volume and 12 percent of total global trade of goods passing through it every day. As each hour passes, shipping losses continue to mount, and the effects blockage will undoubtedly trickle down to consumers across the globe in the form of shipping delays. This blockage simply adds more congestion to already chronically gridlocked ports.<\/p>\n\n\n\n

\u201cThe current Suez Canal blockage adds yet another challenge to supply chain reliability on top of ongoing port congestion, tariff changes, weather disruptions and supplier reliability issues,\u201d said Nate Rosier, Senior Vice President of Consulting at enVista. \u201cThis increasing volatility adds complexity to planning and managing global supply chains beyond most firms\u2019 capabilities. To compete in the future, firms must place a priority on supply chain flexibility and resilience to proactively adjust to volatility and disruptions.”<\/p>\n\n\n\n

Follow enVista on LinkedIn<\/a> to stay in-the-know on the latest happenings in the industry, including thought leadership insights surrounding supply chain, transportation, omnichannel, technology and more. Learn about enVista’s supply chain resilience services.<\/p>\n\n\n\n

About Nate Rosier

<\/strong>An eight-year veteran of enVista, Nate Rosier<\/a> is the Senior Vice President of Consulting, with a focus on developing strategies to increase profitability,\u00a0reduce expenses and improve customers\u2019 competitive position. He brings over 25\u00a0years of experience in supply chain consulting and strategy,\u00a0corporate strategy and operations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gain industry insight from enVista’s Nate Rosier, SVP of Consulting on the Suez Canal blockage and insight into how it will impact the global supply chain.<\/p>\n","protected":false},"author":22,"featured_media":42841,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_searchwp_excluded":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[3475],"tags":[3509,3529,3707],"class_list":["post-42838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-supply-chain","tag-supply-chain-consulting","tag-supply-chain-disruption"],"acf":[],"yoast_head":"\nSuez Canal Blockage: Impact on Supply Chain | enVista<\/title>\n<meta name=\"description\" content=\"Gain industry insight from enVista's Nate Rosier, SVP of Consulting on the Suez Canal blockage and insight into how it will impact the global supply chain.\" \/>\n<meta name=\"robots\" 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