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Suez Snarl Seen Halting $9.6 Billion a Day of Ship Traffic

  • Lloyd’s List estimates daily traffic through marine corridor
  • Approximately 185 vessels waiting to transit: shipping data
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Best Shot at Unblocking Suez Canal May Not Come Until Monday
Updated on

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A back-of-the-envelope calculation shows there’s about $9.6 billion worth of daily marine traffic halted by the massive container vessel that lodged in the Suez Canal earlier this week, blocking transit in both directions.