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Ships delay sailing to Taiwan port to avoid China drill zone

Economic Times LogoEconomic Times1w ago

Ships delay sailing to Taiwan port to avoid China drill zone

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Ship owners, worried about the possibility of missile strikes, are choosing to idle vessels and burn extra fuel until the drills pass.

While vessels are continuing to travel through the strait during the military exercises, they are navigating around the drill zones.

Additional delays are likely to ripple out and eventually affect shipments of Asian goods headed to the US, said Drewry’s Krishna.


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Article Details

Author / Journalist: Bloomberg

Category: Startups

Topics: China Electronic goods Drewry maritime advisors Ports Taiwan s transportation ministry VLCC Ghinah Ships Military drill Taiwan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-06, 13:03:20

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Reading Time: 4 minutes read

Article Length: 575 words

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Availability: Desktop Web, Mobile Web

News ID: 116668

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About Economic Times

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Main Topics: Startups

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

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News Last Updated: 14h ago

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Publication Timezone: GMT +8:00

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