Suez jam launches rafts of lawyers
The blockage could unleash a flood of claims by everyone affected
04 April 2021 - 00:07
The immediate crisis of the Suez Canal blockage may have ended, but the battle over damages from the waterway's longest closure in almost half a century is just beginning.
The long-term cost of the canal's estimated $10bn-a-day (R148bn) closure will likely be small, given that global merchandise trade amounts to $18-trillion a year...
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