WebMar 29, 2024 · The knock-on effects include congestion at ports as well as vessels not being in the right place for their next scheduled journey. Most importantly, it further … WebMar 31, 2024 · The top 10 industries that will be impacted by the crisis are: Grocery stores Department stores Auto and home supply stores Hardware stores Surgical and …
How the Suez canal blockage can seriously dent world trade
WebMar 30, 2024 · Osama Rabei, the head of the Suez Canal Authority, said at least 113 of the more than 420 vessels that waited for the ship to be freed are expected to cross the … WebApr 5, 2024 · Analysts at the Allianz insurance company point out that the blockage on the Suez Canal exacerbates the problem of cargo shipments in world trade getting delayed or canceled. Specifically, a scarcity of semiconductors and other goods could cause world trade to incur losses in the amount of 230 billion USD, or 1.4% of its volume. the raiders news
Ever Given leaves Egypt
WebMar 26, 2024 · "If the Suez Canal remains blocked for more than a few more days or over a week, we could likely see some disruptions in oil flows between the Middle East and … WebMar 30, 2024 · Experts warn the impact from the Ever Given's mishap will be felt by supply chains for months to come, resulting in increased prices and delays. WebThe latest blockage at the Suez Canal could worsen the shortage of containers for a longer time,” said Mai on Tuesday. The Suez Canal, a major waterway for global trade connecting the Mediterranean Sea and the Red Sea, ... “The knock-on effect to supply chains is also complicated by the congestion at many ports in Asia and Europe. While the ... signs and symptoms of hyperthyroidism in men