Container ships keep getting bigger. But as the economies of scale grow, so do the risks.
In 2021, the huge container ship Ever Given twisted sideways in the Suez Canal, blocking a crucial trade passage between Europe and Asia. For almost a week, this firmly lodged ship captivated a pandemic-weary world that responded. But there was a real-world impact as well: The trade traversing the canal was worth up to $10 billion daily.
These two events, which took place almost exactly three years apart, occurred 5,000 miles from one another and in considerably different circumstances. But both involved enormous ships of the kind that have become the backbone of modern global trade. The Ever Given is what is known as an ultra-large ship, almost more than 1,300 feet long, with a gross tonnage of 220,000.
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