The Suez Crisis Is Over. Now Time to Add Up the Damages

Nearly week-long blockage is set to unleash a flood of claims
Delays are adding to pressures on fragile global supply chains

The giant vessel that’s blocked the Suez Canal for almost a week was pulled free from the bank, a major step toward getting ships moving again along one of the world’s most important trade arteries. Bloomberg’s Alaric Nightingale reports on “Bloomberg Markets.”(Source: Bloomberg)

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By Aaron Clark, Cindy Wang, Ann Koh, and Verity Ratcliffe

March 30, 2021 at 2:34 AM EDT

Updated on

March 30, 2021 at 6:48 AM EDT

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The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.

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