to the grand prix circuit for the first time in 60 years we hearfrom its new owner we start in egypt where salvage experts are warning it could take weeks to refloat the vast container ship that is blocking the suez canal in both directions, after running aground on tuesday. these are some of the latest images of the efforts to dislodge the ever given which is some 400 metres long and weighs 200 thousand tonnes. eight tugboats are attempting to tow the vessel into deeper water and at the same time dredgers are trying to clear mud and sand from underneath. let s just remind ourselves how important this stretch of water is. it was built as a short cut for ships between asia and europe and is a vital route for cargo and oil from the middle east. the alternative is this the route round the southern tip of africa thousands of miles further and more than a week longer at least 150 ships are backed up on either side in one of the worst maritime trafficjams seen in
of the blocks? it s a busy half hours so let s get started. the international chamber of shipping has called on more countries to remove trade barriers to give the global economy a much needed boost. in a new report, the ics says that if restrictive trade policies were removed, it would support the global economic recovery from covid i9 by 3.4%. of the 46 maritime nations assessed, it found the most restrictive included egypt, kenya, thailand and argentina. the ics added developing economies would experience an even greater increase of 7%, if they reduced their restrictions in a modest and equal way. esben poulsson is chairman of the international chamber of shipping. welcome to the programme. so what could cutting restrictive trade policies look like? well, ironically, tariffs themselves which is what most people are familiar with, have, in many cases, been reduced somewhat, but what we are really looking at is reducing non tariff restrictions, which is discriminatory trea
AP: An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce pollution and eventually eliminate their contribution to climate change. The International Chamber of Shipping.
The International Chamber of Shipping opens new Representative Office in Shanghai hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.