Suez Canal suffers double blow from pandemic, collapse of oil prices

Capt. John

The Suez Canal has been hit by a double blow. After absorbing the shock of stagnating global trade due to the COVID-19 pandemic, it was hit by the steepest drop in oil prices in 18 years. Consequently, the canal is no longer as competitive as a corridor for global trade. Three global shipping lines...

https://www.hellenicshippingnews.com/suez-canal-suffers-double-blow-from-pandemic-collapse-of-oil-prices/

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