suezcanal
By Hazel Gandhi A video of a sandstorm taken from sea is being shared with a false claim that it shows the Biparjoy cyclone approaching Gujarat and Karachi in Pakistan. BOOM found that the claims are false, and the video is of a recent sandstorm in Egypt. The government of Gujarat has evacuated more than 47,000 people following warnings by the Indian Meteorological Department about the Biparjoy cyclone. Expected to make landfall at 5pm in Gujarat on Thursday, the cyclone is also likely to affect the neighbouring region in Pakistan. The first clip shows a huge wall of sand formed at sea and the...
BOOM Live
The Suez Canal is moving again but another bottleneck in the supply chain remains, this one in Southern California. According to media reports, 24 container ships – with a combined maximum carrying capacity nearly 10 times that of the Suez Canal ship – were anchored off the coast waiting for space at the ports of Los Angeles and Long Beach holding up millions worth of cargo. Q1 2021 hedge fund letters, conferences and more What Can Warehouse Operators Do To Minimize Suez Canal Bottleneck?Multi-billion-dollar analytics systems do a great job of helping warehouses analyze historical data, but un...
ValueWalk
The Race Is On. Suez Canal Reopening Triggers Rush on Ports Around The World Q4 2020 hedge fund letters, conferences and more Suez Canal Reopening: The Next Phase Of The CrisisThe prospect of resumed passage through the Suez Canal has the maritime cargo industry bracing for the next phase of the crisis – a race to ports around the world. Data from supply chain visibility company project44 indicates that consumer goods will be delayed as the canal incident creates worsening congestion at ports. project44 has published cargo data and route information that highlights where the post-Suez competit...
ValueWalk
Chicago, IL, March 25, 2021 — With reports that it could take weeks to dislodge the container ship currently blocking the Suez Canal, and that containers might have to be unloaded to free the grounded vessel, supply chain visibility company project44 is projecting worsening delays across European ports in the weeks ahead. For supply chains already struggling with multi-week delays, the Suez Canal incident is on track to further disrupt business across the globe. Q4 2020 hedge fund letters, conferences and more The Suez Canal Incident: A 42.5% Increase In Stranded Vessel CapacityAs of Thursday,...
ValueWalk
project44 tracking shows the scope of growing Suez Canal congestion and supply chain delays Q4 2020 hedge fund letters, conferences and more The Suez Canal Congestion Is Goinng To Get WorseChicago, IL, March 24, 2021 -- A growing number of ships are currently trapped in the Suez Canal after the 20,000 TEU container vessel Ever Given ran aground Tuesday at 7:40 am local time. The incident is going to worsen major shipment delays as traffic on one of the world’s business waterways grinds to a halt. As of March 24, 3:50 pm CET, supply chain visibility company project44 was tracking 34 container v...
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