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Detailed text transcripts for TV channel - CNN - 20210327:08:40:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20210327:08:40:00

More than 200 vessels are backed up in either direction with more than 100 en route over the weekend. their only alternative is to travel around the southern tip of africa, adding a week to their journey. the company who owns "evergiven" say they're bracing for lawsuits, but their focus right now is refloating the ship possibly as early as saturday. and, of course, they say time is money, and when it comes to this crisis in the suez, we're talking about 4$400 million worh of cargo that normally passes through the suez canal on an hourly bay sichls we're now on the fifth day of this stoppage. w...

Detailed text transcripts for TV channel - BBCNEWS - 20210327:23:15:00 - Vimarsana News

Detailed text transcripts for TV channel - BBCNEWS - 20210327:23:15:00

Of the world's busiest waterways, continues into the night in egypt's red sea. tug boats and dredgers have been operating here around the clock to try and dislodge this giant ship that has been blocking the suez canal for the past few days. we understand that huge amounts of sand have been removed to make room for the ship to move. congestion continues to pile up in this strategic waterway, and the longer this ship is stuck here, the more disruption there will be to global trade. a vast trafficjam continues to build, with more than 300 ships stuck on either side of the vessel, which is holding...

Detailed text transcripts for TV channel - BBCNEWS - 20210327:03:14:00 - Vimarsana News

Detailed text transcripts for TV channel - BBCNEWS - 20210327:03:14:00

About £7 billion worth of goods travel through it every day and in all, it carries something like 12% of global trade, and all that hinges on getting one ship moving again. and as the waiting drags on, there are other routes — much longer and much more expensive. so might the shipping industry have to go for them? to do so, of course, involves somewhere between seven, eight to 12 days extra steaming, extra fuel consumption and so forth, but it is definitely an option. one of the other disadvantages is the weather conditions around the cape of good hope are very often quite severe and, of co...

Detailed text transcripts for TV channel - CNN - 20210327:09:23:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20210327:09:23:00

Storm block a supply change that ranges from global trade between asia and europe. >> worst-case scenario this goes on for a nont to clear the vessel. that is going to cause a massive disruption in the economy. we saw what happened with global recession almost took place in early covid when, all of a sudden, we were not able to 34506 goods in a clear, efficient way. >> reporter: roughly 30% of all the global container volume. incoming ships will made to be anchor in waiting seas in red sea and mediterranean. their only alternative is to

Detailed text transcripts for TV channel - BBCNEWS - 20210326:05:35:00 - Vimarsana News

Detailed text transcripts for TV channel - BBCNEWS - 20210326:05:35:00

Would then have to pass to the gulf of guinea area which has been plagued by a worrying level of piracy in recent years. level of piracy in recent ears. ., ., ., level of piracy in recent ears, ., ., ., ~ years. far from ideal. we were 'ust years. far from ideal. we were just looking — years. far from ideal. we were just looking at _ years. far from ideal. we were just looking at pictures - years. far from ideal. we were just looking at pictures of- just looking at pictures of this boat. it is absolutely enormous. in this boat. it is absolutely enormous.— this boat. it is absolutely enormo...