Get all your news in one place.
100’s of premium titles.
One app.
Start reading
France 24
France 24
Business

Shipping costs mount as Suez Canal remains blocked by stranded vessel

BUSINESS DAILY © FRANCE 24

The costs of the blockage of the Suez Canal continue to pile up, as more than 150 ships were waiting to use the waterway early on Thursday. The canal has been blocked since Tuesday morning by a massive container vessel that ran aground. The ship's Japanese owners have apologised to those affected by the delays, while the canal operator renewed efforts to move the vessel. Also today, we look at new figures showing the global travel and tourism industry lost $4.5 trillion in 2020 because of Covid-19 restrictions.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.