Grounding of the Ever Given: When Hydrodynamics Turns Into Financial Risk
On March 23, 2021, the ultra-large container vessel Ever Given grounded in the Suez Canal during sandstorm conditions, blocking one of the world’s most critical trade routes. Public discussion often framed the casualty as a case of human error. From an operational risk perspective, however, the more relevant question may be different: Did nonlinear hydrodynamic forces in a confined channel create a loss-of-control scenario before the bridge team fully recognized it? The Environmental Setup The vessel entered a narrow, shallow...
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