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EGYPT
Suez blockage sets shipping rates racing, oil and gas tankers diverted away
Shipping rates for oil product tankers have nearly doubled this week and several vessels were diverted away from the Suez Canal as a giant container ship remained wedged between both banks on Friday (March 26).
EGYPT
Suez blockage halting $9.6 billion a day of traffic: Journal
A shipping industry journal says its “rough calculations” suggest that the the blockage of Suez Canal is halting about $9.6 billion worth of daily marine traffic.
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