“A total of 16 LNG vessels’ planned transit via the Suez canal will be affected if the congestion persists until the end of this week,” said Rebecca Chia, a Kpler analyst based in Singapore. Ships anchored outside the Suez canal in Ismailia. The international shipping company Maersk said on Friday it was “looking at all alternatives” for its nine container ships stuck in the queues. On Friday, more than 200 ships were stuck at the north and south ends of the canal. Photograph: Suez Canal Authority/UPI/RexThere were also concerns that the Suez situation could compound issues for an international supply chain already under pressure from the pandemic and a surge in buying.

Source: The Guardian March 26, 2021 05:24 UTC