Ever given stuck in Suez Canal Quiz

How long did the Ever Given get stuck in the Suez Canal?

• 5 days, from 23 to 28 March 2021

• 6 days, from 23 to 29 March 2021

• 6 days, from 22 to 28 March 2021

• 5 days, from 22 to 27 March 2021

What was the main cause that contributed to the Ever Given getting stuck in the Suez Canal on March 23, 2021?

• Complete engine failure

• Strong winds and exceeding the allowed speed limit.

• An earthquake beneath the Suez Canal

• A cyberattack on the ship while it was moving

What percentage of global trade passes through the Suez Canal annually?

• 8%

• 10%

• 12%

• 15%

What is the main advantage of the Suez Canal for global shipping?

• It allows ships to travel between the East and the West without going around the Cape of Good Hope.

• It connects the Atlantic Ocean to the Pacific Ocean.

• It is the widest canal in the world, allowing unlimited ship sizes.

• It was the first canal ever built for international trade.

What percentage of global container trade passes through the Suez Canal annually?

• 10%

• 20%

• 30%

• 40%

Why did many vessels choose to reroute around the Cape of Good Hope instead of waiting at the Suez Canal?

• To reduce fuel consumption

• To avoid congestion and resume operations

• To take advantage of lower insurance premiums

• To shorten the travel distance

How did the Ever Given blockage worsen the global container shortage?

• It caused containers to be damaged during the incident

• It prevented the timely return of empty containers, leading to supply imbalances

• It forced companies to produce fewer containers

• It led to the cancellation of new container orders

What was one of the main reasons oil prices increased during the Suez Canal blockage?

• Increased demand for oil due to global economic recovery

• A cyberattack on major oil suppliers

• Supply disruptions caused by delayed oil shipments

• A decrease in oil production by OPEC countries

How did companies respond to supply chain disruptions after the Suez Canal blockage?

• Most companies reduced their inventory levels to cut costs.

• Companies switched to a 'Just-in-Time' inventory management model.

• They increased inventory levels to avoid future risks

• They completely stopped international trade

How much did the Suez Canal blockage cost global trade per week, according to Allianz?

• $1 billion to $3 billion

• $4 billion to $5 billion

• $6 billion to $10 billion

• $12 billion to $15 billion