Global supply lines struggle to clear container backlog after Suez chaos
LONDON (REUTERS) – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing […]
Suez Canal container ship incident a reminder of global trade’s vulnerabilities
SINGAPORE – Just when global sea shipments seem to be starting to flow again, an event at the key Suez Canal literally and figuratively threatens to put a choke-hold on […]
Stranded Suez Canal ship’s owner, insurers face millions in claims
LONDON (REUTERS) – The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship […]