Suez Canal resumes navigation, but supply chain continues to be delayed



         A huge container ship has blocked the Suez Canal for more than a week and has now been released.


   The ship that blocked the canal artery for more than a week has been towed to a lake further away from the canal for inspection.


  Before the ship was released, as many as 370 ships were waiting to pass through the canal. It is estimated that 9.6 billion US dollars worth of cargo is detained every day.


   This incident may have a sustained impact on the already tight container shipping industry, lasting for several weeks or even months.


  Seintelligence Consulting CEO Lars Jensen (Lars Jensen) posted on LinkedIn: "The long lines are cleared and it will take some time for the canal to resume normal operations."


   "As the cargo arrives, we will continue to see congestion problems in Europe, serious delays in many ships, and blank voyages caused by the deterioration of equipment conditions. These chain reactions will take several months to fully take effect."


   Others believe that this incident and a year of supply chain chaos related to Covid-19 may cause companies to question the operational effectiveness of just-in-time supply chains that are particularly prone to closures.


   Alex Veitch, general manager of public policy for British logistics company, said: "More than 300 ships were trapped behind the ship waiting to pass through the canal. The impact of this incident will continue to affect the world in the coming weeks."


        "Any delay in delivery in the Far East will mean delays in picking up and exporting goods from British ports, and slowing down of deliveries to the British supply chain." The goods affected by the delay will include the seasonal inventory of British retailers, so unless The situation is resolved quickly, otherwise gaps may begin to appear.


        He said: "It is now vital to clear the'traffic jam' caused by ship delays in the canal as soon as possible, restart the supply chain, and minimize any disruption." However, releasing so many ships at once may cause congestion in ports along the supply chain. This leads to a decline in port productivity. "