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Shipping costs rise by nearly 50% in a week and could go up further amid Red Sea attacks - Vimarsana News

Shipping costs rise by nearly 50% in a week and could go up further amid Red Sea attacks

Red Sea diversions and pauses will have a human cost for the people at sea and their families, with some likely missing Christmas at home due to changed journeys.

Source: sky.com
Shipping costs are rising after Red Sea attacks force vessels to take longer routes - Vimarsana News

Shipping costs are rising after Red Sea attacks force vessels to take longer routes

Maersk and CMA CGM have introduced new charges to transport goods along many of the world’s busiest shipping routes after re-directing their vessels away from the Red Sea because of attacks.

Source: yahoo.com
Oil price gains and shipping headaches after Red Sea attacks risk new wave of inflation - Vimarsana News

Oil price gains and shipping headaches after Red Sea attacks risk new wave of inflation

A new crisis is brewing in one of the world’s trade arteries, threatening to snarl supply chains and push up oil prices and broader inflation at a time of slowing economic growth.

Source: wtop.com
Red Sea attacks: How will global trade be affected? - Vimarsana News

Red Sea attacks: How will global trade be affected?

After a rise in attacks by the Iran-backed Houthis, the world's largest shipping firms are staying away from the Red Sea and Suez Canal. Will we see another supply chain crisis?

Chokepoint threats to LNG trade are rising [Gas in Transition] - Vimarsana News

Chokepoint threats to LNG trade are rising [Gas in Transition]

Conflict in the Middle East and climate change pose major risks for LNG transit and, by extension, global energy security and greenhouse gas emissions. [Gas in Transition, Volume 3, Issue 11]