Business

global trade: Giant container ships dominate global trade lanes, but skip Indian ports

In 2021, when one of the world’s largest container ships ran aground across the Suez Canal for six days, it caught everyone’s attention. It is rarely that a ship holds up an estimated $60 billion of trade.

Weighing 220,000 tons, the 400-metre Ever Given (almost as long as the Empire State Building), was finally set free with the help of 13 tugboats, after dredging 30,000 cubic metres of sand, during a high tide. The ship also had to pay a

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