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Cenovus Energy Inc. (CVE) Q1 2021 Earnings Call Transcript

Cenovus Energy Inc. (CVE) Q1 2021 Earnings Call Transcript
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Cenovus Energy Inc. (NYSE: CVE)
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Operator
Good day, ladies and gentlemen, and thank you for standing by. Welcome to Cenovus Energy s First Quarter Results. [Operator Instructions] Please be advised that this conference call may not be recorded or rebroadcast without expressed consent of Cenovus Energy.
I would now like to turn the call over to Ms. Sherry Wendt, Vice President, Investor Relations. Please go ahead, Ms. Wendt.SPONSORED:
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L.A. Will Divert Ships to Battle Covid Container Congestion – gCaptain

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By Robert Tuttle (Bloomberg) The Port of Los Angeles plans to divert cargo ships to other destinations because of pandemic-fueled congestion, according to the port’s executive director.
About 800 of the port’s 15,000 workers aren’t on the job because of Covid-19, leaving fewer staff to handle a surge in imports, Gene Seroka, Executive Director of the Port of Los Angeles, said at a press conference on Wednesday. Re-directing vessels to alternate ports will help the L.A. harbor “dig out of this” backlog, he said.
The twin ports of Los Angeles and Long Beach are the busiest U.S. gateway for ocean trade with China. ....

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