For the first time in almost 50 years we have witnessed the blockage of the Suez Canal... due to the running aground of a giant container ship. After six days blocking this vital trade route, the container ship was finally freed. Global trade, our economies are very dependent on shipping. In recent days this dependence has been more evident than ever. In this article we are going to analyze the reasons for the blockage of the Suez Canal and try to answer some key questions that we will answer throughout this article: Are we facing an isolated incident or a sign of what is to come? Has the Suez Canal become outdated? Will the Suez Canal blockade be the end for big ships? Despite the presence of pirates, should we consider alternative routes such as the Cape of Good Hope? Will the Arctic route ever be a viable alternative?
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