Page 8 - EurOil Week 23 2021
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EurOil                                        COMMENTARY                                               EurOil




























































  Ever Given aground in
  the Suez Canal

       Chokepoints – ten keys that lock





       up the world. Or do they?







      Keep up to day with   WHEN the 200,000-tonne container ship Ever  Canal Authority) but the event makes this a good
      global energy affairs.   Given careered into the east bank of the Suez  moment to review the world’s maritime choke
      Sign up for the FREE   Canal in March 2021 and blocked it, a large  points. There are ten significant chokepoints
      weekly NRG Oil & Gas   queue of merchant ships quickly built up at both  around the world. Where are they? How choking
      Editor’s Picks. See the   ends of the canal, waiting impatiently for it to be  are they? How easily can they be blocked by their
      back issues and sign   re-opened. All over Europe businesses looked  owners, by their neighbours, by hostile actors or
      up here            nervously to stock levels as their just-in-time  by accident? If blocked, how easily can they be
                         calculations were shredded. Ever Given was  forced open again? Are these in fact ten keys that
                         swiftly rescued from her sandy predicament (to  lock up the world, or not? ™
                         be impounded pending ransom from the Suez   Read the rest of the article here.



       P8                                       www. NEWSBASE .com                           Week 23   10•June•2021
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