High Shipping Costs Are Here to Stay Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
Some spectator video shows the Greek freighter Olga M bang its way through the old Evripos Bridge in Chalcis, Greece. According to reports, neither the bridge or vessel sustained significant damage in the incident, although after watching the video I find that hard to believe.
Interestingly, the same bridge is where many gather to watch what is heralded as the Evripos tidal or current phenomenon, where the direction of water flowing through the channel of Evripos changes irregularly (as many as several times per day) and seemingly without explanation. The current is most visible (and strongest) below the old Evripos bridge where the channel is the narrowest, and right where this incident occurred.
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