Page 14 - LatAmOil Week 23 2021
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LatAmOil                                 FEATURED COMMENT                                           LatAmOil








































       Chokepoints: The 10 keys




       that lock up the world.





       Or do they?







       GUEST COMMENT     WHEN the 200,000-tonne container ship Ever  event makes this a good moment to review the
                         Green careered into the east bank of the Suez  world’s maritime choke points.
                         Canal in March 2021 and blocked it, a large   There are 10 significant chokepoints around
                         queue of merchant ships quickly built up at both  the world. Where are they? How choking are
                         ends of the canal, waiting impatiently for it to be  they?
                         re-opened. All over Europe businesses looked   How easily can they be blocked by their own-
                         nervously to stock levels, as their just-in-time  ers, by their neighbours, by hostile actors or
                         calculations were shredded.          by accident? If blocked, how easily can they be
                           Ever Given was swiftly rescued from her  forced open again?
                         sandy predicament (to be impounded pending   Are these, in fact, 10 keys that lock up the
                         ransom from the Suez Canal Authority) but the  world, or not? ™



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