Suez Canal: Blockage will have major flow on effects
Matt Heath & Tyler Adams Afternoons · Newstalk ZB
March 26, 20216m 3s
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Show Notes
The stranding of a massive cargo ship in the Suez Canal is likely to have ripple effects across the global economy.
Experts say it could take weeks to remove the ship and clear the canal.
Officials have closed the key trading route between Asia and Europe -- forcing ships to detour around the African continent to deliver goods.
Chris Edwards is the President of the Customs Brokers and Freight Forwarders Federation of New Zealand.
Experts say it could take weeks to remove the ship and clear the canal.
Officials have closed the key trading route between Asia and Europe -- forcing ships to detour around the African continent to deliver goods.
Chris Edwards is the President of the Customs Brokers and Freight Forwarders Federation of New Zealand.
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