The Suez Canal stepped up efforts on Friday to free a giant stuck container ship and end a blockage that has sent shipping rates for fuel tankers soaring and disrupted global supply chains for everything from grains to baby clothes. Shipping rates for oil product tankers have nearly doubled after the 400-metre (430-yard) long Ever …
The post Suez Canal steps up efforts to remove blockage, shipping rates surge first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John