Turmoil in the Middle East and its Impact on Shipping
- July 4, 2024
Conflict in and around the Red Sea, as well as challenges in the Panama Canal, have forced shipping firms to reroute vessels to longer and more expensive journeys, raising the cost of doing business globally.
Source: https://www.worldwideerc.org/news/mobility/turmoil-in-the-middle-east-and-its-impact-on-shipping