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- A two-week transatlantic saga ended Tuesday with a massive ship — and thousands of luxury cars aboard — sinking about 250 miles off a Portuguese archipelago after catching fire. Despite efforts to salvage what remained of the Felicity Ace, the ship and its nearly 4,000-vehicle cargo went down near the Azores Islands about 9 a.m. local time Tuesday, the Portuguese navy said in a statement. - Source: Internet
- The Felicity Ace’s woes are another problem for the already-troubled global supply chain. Carmakers cut production as the coronavirus pandemic began in 2020, then the industry was hit with shortages in labor and computer chips for manufacturing. All of this taking place as freight takes longer to arrive and American ports face floating traffic jams of container ships. - Source: Internet
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