Guest Post by Geary Sikich (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
The Ever Given grounding in the Suez Canal is one of those events that will be labeled a “Black Swan” for sure. A rouge wind hits the ship turning the stern and wedging the vessel, bow and stern grounded straddling the canal and stranding ships entering from either end. The date Tuesday 23 March 2021. At around 7.40 a.m. local time the Ever Given ran aground. At nearly 200 feet wide and 1,300 feet long, it easily took up the width of the channel.