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Suez Canal cargo ship is afloat – but it’s not plain sailing for global economy

The gigantic cargo ship that ran aground and blocked the Suez Canal last week is afloat once again after a herculean salvage operation, but the damage to global trade will take months to fix.

That’s the assessment of maritime expert Jan Hoffman at UN trade and development agency UNCTAD, who also explains why the cost of sending freight around the world has increased dramatically during the COVID-19 pandemic.

Here he is, talking to UN News’s Daniel Johnson. 

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Daniel Johnson UN News - Geneva | Radio Free (2021-03-29T16:20:50+00:00) Suez Canal cargo ship is afloat – but it’s not plain sailing for global economy. Retrieved from https://www.radiofree.org/2021/03/29/suez-canal-cargo-ship-is-afloat-but-its-not-plain-sailing-for-global-economy/

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" » Suez Canal cargo ship is afloat – but it’s not plain sailing for global economy." Daniel Johnson UN News - Geneva | Radio Free - Monday March 29, 2021, https://www.radiofree.org/2021/03/29/suez-canal-cargo-ship-is-afloat-but-its-not-plain-sailing-for-global-economy/
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» Suez Canal cargo ship is afloat – but it’s not plain sailing for global economy | Daniel Johnson UN News - Geneva | Radio Free | https://www.radiofree.org/2021/03/29/suez-canal-cargo-ship-is-afloat-but-its-not-plain-sailing-for-global-economy/ |

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