shipping disruption

UAE, ’s non-oil business activity growth eases slightly in March

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UAE, ’s non-oil business activity growth eases slightly in March

Fact: Growth in the United Arab Emirates’ non-oil business sector eased slightly in March, with supply constraints from shipping disruption in the Red Sea contributing to backlogs.

Baltimore bridge collapse likely to result in multibillion-dollar insurance claims

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Baltimore bridge collapse likely to result in multibillion-dollar insurance claims

The collapse of Baltimore’s Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, with estimates suggesting up to billion in insurance claims.