Ship Rates Spiking 467% Marks Upended Trade Across Commodities
Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling output upend global supply lines.
The United States Coast Guard has begun to investigate today’s commuter ferry incident. The incident occurred in New York City early this morning when the ferry Seastreak Wall Street, crashed into a pier near the financial district injuring dozens of passengers.
The following are official US Coast Guard photos and video of the damaged ferry:
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