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Twin crises send cargo ships back to 18th century trade routes, ET EnergyWorld

Trade Routes: Houthi militants, in a show of support of Hamas in its war with Israel, are attacking merchant ships as they sail past Yemen en route to — or from — Egypt’s Suez Canal. ....

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trade routes: Twin crises send cargo ships back to 18th century trade routes

Hitting routes that handle almost 20% of trade, the issues are forcing vast detours by the global merchant fleet, driving up freight bills, and boosting the shares of shipping companies. ....

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Major canals choke points of world trade | Northwest Arkansas Democrat-Gazette

A year that started with smooth sailing for the global economy vanishing supply snarls, slower inflation and fading pandemic gloom is ending with another gathering storm as the maritime industry and retailers that rely on it confront crises in the world s two big ocean-to-ocean canals. ....

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Major canals choke points of world trade | The Arkansas Democrat-Gazette

A year that started with smooth sailing for the global economy vanishing supply snarls, slower inflation and fading pandemic gloom is ending with another gathering storm as the maritime industry and retailers that rely on it confront crises in the world s two big ocean-to-ocean canals. ....

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Twin crises send cargo ships back to 18th-century trade routes

Global shippers are grappling with a spike in costs as some ships are forced to take lengthy diversions to avoid disruptions at the Suez and Panama canals. ....

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