Tag Diseconomy of Scale

Suez-Maxed Out

At 07:40  on 23 March 2021, one of the largest containerships in the world, the Ever Given (400 x 59 x 21m) , was passing through the Suez Canal. After losing the ability to steer because of high winds the ship became stuck and blocked the canal, creating an economic choke-point. As many as 360 […]