Power crisis deepens in Asia and Europe: What it means to shipping

The following appears on freightwaves.com

By Greg Miller – There’s panic-buying of gasoline in the U.K. Natural gas prices in Europe and Asia are skyrocketing. Protests are breaking out across Europe due to spiking electricity bills. India and China are short of coal for utilities. Power is being rationed to factories in multiple Chinese provinces — and winter is coming.


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The above article was forwarded by Raj Thadani of  Mars International


SOURCE American Shipper

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