Remove Cargo Remove Industrial Remove Logistics Remove Somalia
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The Consequences of Supply Chain Constipation

Enterra Insights

Nearly a week ago, a cargo ship — which if it stood on its end would be taller than either the Empire State Building or Eiffel Tower — ran aground in the canal completely blocking the waterway. Goodman and Reed observe, “The route around Africa involves crossing through an area off Somalia that is rife with piracy.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

That means maritime shipping lies at the very heart of the global logistical system. You might recall that during the first decade of this century, piracy was a growing concern with Somalia at the epicenter of pirate activity. Nearly 90 per cent of global trade is carried by sea-going vessels. billion to upwards of $8 billion a year.”[1]