Tag: shipping disruption
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China’s COSCO Orders Gulf-Bound Ships to ‘Safe Waters’
Chinese shipping giant China Ocean Shipping Company (COSCO) ordered ships in or bound for the Gulf to seek "safe waters," as traffic in the vital waterway is impeded in the aftermath of U.S.-Israeli strikes on Iran. The state-owned, Shanghai-based firm is ...
Imported sulphur is seen at a port in Nantong, Jiangsu province, China March 22, 2018. Picture taken March 22, 2018. REUTERS/Stringer
By Andy Home The Iran war has already caused turmoil in the global aluminum market, but now the fallout is spreading to both copper and nickel supply chains. The conduit is sulfur, a by-product of the Gulf's oil ...
China’s COSCO Orders Gulf-Bound Ships to ‘Safe Waters’
Chinese shipping giant China Ocean Shipping Company (COSCO) ordered ships in or bound for the Gulf to seek "safe waters," as traffic in the vital waterway is impeded in the aftermath of U.S.-Israeli strikes on Iran. The state-owned, Shanghai-based firm is ...