Azylya
No Result
View All Result
Thursday, April 15, 2021
  • Home
  • US
  • World
  • Politics
  • Economy
  • Business
  • Tech
  • Sports
Azylya
  • Home
  • US
  • World
  • Politics
  • Economy
  • Business
  • Tech
  • Sports
No Result
View All Result
Azylya
No Result
View All Result
Home World

Ship Is Freed After a Costly Lesson in the Vulnerabilities of Sea Trade

by admin
March 29, 2021
in World
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


President Abdel Fattah el-Sisi of Egypt celebrated the moment on Twitter, writing that “Egyptians have succeeded today in ending the crisis of the stuck ship in the Suez Canal despite the great complexities surrounding this situation in every aspect.”

Ms. Stausboll said that the authorities’ often overly rosy projections during the past week left many shipowners confused about what to believe. “A lot in the shipping community would wish there had been more clarity about what was going on in Egypt from the authorities,” she said. “It does harm your reputation.”

In the absence of a faster, cheaper option, however, the Suez Canal will remain a key artery for shippers, she said. And she pointed out that most ships, including large ones, have navigated the canal without incident in the past.

Shippers have, in any case, a more pressing concern: how to resolve the chain reaction of delays that may ripple out for weeks or months even after the Suez backlog clears, as it was beginning to do by Monday night.

The first ship to pass through the canal after the Ever Given got out of the way was the YM Wish, a 1,207-foot-long Hong Kong-flagged container ship that exited the canal at about 9:15 p.m.

If there is schadenfreude among ships, the YM Wish was perhaps not feeling it. VesselFinder.com reported the YM Wish ran aground in the Elbe River in Germany only six years ago. In its case, however, it took less than a day to float again.

Marc Santora contributed reporting from London, Nada Rashwan from Ismailia, Egypt, and Thomas Erdbrink from Amsterdam.





Source link

  • Trending
  • Comments
  • Latest
Audio reveals shooting of Lady Gaga’s dog walker Ryan Fischer

Audio reveals shooting of Lady Gaga’s dog walker Ryan Fischer

February 25, 2021
One college student is using Instagram to make MLB cool again

One college student is using Instagram to make MLB cool again

February 25, 2021
730,000 filed in unexpected drop

730,000 filed in unexpected drop

February 25, 2021
Merrick Garland to face questions on Hunter Biden, Cuomo

Merrick Garland to face questions on Hunter Biden, Cuomo

February 22, 2021
Bernie Madoff’s secrets revealed by his prison pen pal

Bernie Madoff’s secrets revealed by his prison pen pal

0

Oil Heads for Best Weekly Gain in Month on Keystone Disruption

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

Uber Hacking: Customers Not at Risk of Financial Crime, Says Minister

0
Bernie Madoff’s secrets revealed by his prison pen pal

Bernie Madoff’s secrets revealed by his prison pen pal

April 15, 2021
The truth about ‘racism’ & cops: Devine

The truth about ‘racism’ & cops: Devine

April 15, 2021
NY Times wants to defund the police — except the one in its lobby

NY Times wants to defund the police — except the one in its lobby

April 14, 2021
OnlyFans, COVID-19 pandemic have spurred a new sexual revolution

OnlyFans, COVID-19 pandemic have spurred a new sexual revolution

April 14, 2021

Recent News

Bernie Madoff’s secrets revealed by his prison pen pal

Bernie Madoff’s secrets revealed by his prison pen pal

April 15, 2021

Categories

  • Business
  • Cryptocurrency
  • Economy
  • Gadget
  • Markets
  • Opinion
  • Politics
  • Real Estate
  • Sports
  • Startup
  • US
  • World

Site Navigation

  • About
  • Team Members
  • Contact
  • Cookie Policy
  • Editorial Policy
  • Privacy Policy
Azylya

Azylya strives to serve as a dominant source of news articles that involves information acquired from various corners of the world. We ensure that our readers get access to non-partial journalism, reliable information, and engaging content.

©️ 2021 azylya. Powered by BritMedia360

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

©️ 2021 azylya. Powered by BritMedia360