Attacks On Ships In Red Sea Could Be First Sign Of A Supply Chain Crisis
The recent attacks on ships in the Red Sea are an early warning sign that another international supply chain crisis could happen in the immediate future.
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The recent attacks on ships in the Red Sea are an early warning sign that another international supply chain crisis could happen in the immediate future.
Guillermo Ximenis Madrid, Dec 18 (EFE). – Attacks on commercial vessels in the Red Sea have prompted some of the world’s largest shipping companies to suspend operations in the area, disrupting the global supply chain and threatening to affect oil and gas importing countries. Mediterranean Shipping Company (MSC), the world’s largest cargo carrier by capacity, …
At least five global shipping lines have paused all their activities through the Red Sea due to Houthi terrorism.
Liner operators could speed up vessels to make up for longer voyages, as they will require additional capacity to maintain services that typically used the Red Sea route, according to analysts