Expect spike in rates and months of disruption, warn container lines
Most major container lines are now diverting ships round Cape of Good Hope and warning that supply chain disruption could take months to unravel, even after the Suez Canal is reopened
Updated March 28, 22:30 BST: Repeated attempts to re-float the grounded Ever Given over the weekend have failed as salvors struggle with rock under the ship’s bow. Meanwhile, Maersk has warned of higher short-term spot rates and told customers to expect months of disruption