USTR Moves to Suspend Port Fees Targeting China
The Office of the U.S. Trade Representative has opened a one-day public comment period and provided more clarity on the proposed one-year suspension of port entry fees and tariffs imposed...
New Katerina. File photo credit: MarineTraffic.com/
A grounded capesize bulk carrier has been refloated more than 12 days after running aground in the Suez Canal.
According to media reports and AIS, the New Katerina was refloated Monday with the help of tugs and after lightering operations were completed.
The Panamanian-flagged bulk carrier ran aground at kilometer 69 in the Suez Canal on February 25th while traveling from Suez, Egypt to Qingdao, China.
The incident did cause delays to several convoys, although the Suez Canal Authority has insisted that ship movements through the canal continued at a normal pace throughout the salvage.
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