Title : "Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea."
link : "Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea."
"Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea."
The Houthis, an armed group backed by Iran that controls much of northern Yemen, have been using drones and missiles to target ships since Hamas attacked Israel on Oct. 7.... [T]aking the Cape of Good Hope route could add roughly $1 million, or around a third, to the cost of a round trip from Asia to Europe... A portion of that additional cost could be passed on to consumers just as inflation is slowing in the United States and Europe. The attacks have already appeared to push up the price of oil.... The economic impact has increased the pressure on the United States and other countries to stop the attacks by the Houthis....
The problem with the Panama Canal is entirely different: "The lack of rain has reduced the amount of water available to fill the locks."
The Houthis, an armed group backed by Iran that controls much of northern Yemen, have been using drones and missiles to target ships since Hamas attacked Israel on Oct. 7.... [T]aking the Cape of Good Hope route could add roughly $1 million, or around a third, to the cost of a round trip from Asia to Europe... A portion of that additional cost could be passed on to consumers just as inflation is slowing in the United States and Europe. The attacks have already appeared to push up the price of oil.... The economic impact has increased the pressure on the United States and other countries to stop the attacks by the Houthis....
The problem with the Panama Canal is entirely different: "The lack of rain has reduced the amount of water available to fill the locks."
Thus articles "Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea."
You now read the article "Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea." with the link address https://welcometoamerican.blogspot.com/2023/12/already-hampered-by-problems-at-panama.html
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