The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with the School of Business, Economics and Law at the University of Gothenburg. The methodology can also be used to analyze the ongoing crisis in the Red Sea. The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with the School of Business, Economics and Law at the University of Gothenburg. The methodology can also be used to analyze the ongoing crisis in the Red Sea. Economics & Business Phys.org – latest science and technology news stories