Page 13 - GLNG Week 23 2021

GLNG FEATURED COMMENT GLNG

Chokepoints – ten keys that

lock up the world. Or do they?

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

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Week 23 11•June•2021 www. NEWSBASE .com P13