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Trade cramp seen as likely in 2024 as Panama struggles with drought

Winston Simpson, chief executive of the Rural Agricultural Development Authority, RADA, says falling water levels in Panama, which affect the ability of larger vessels to pass through the canal, will likely impact Jamaica in the fourth quarter, for. ....

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Saving Suez: As Red Sea attacks threaten global trade, what it means for India, ET Auto

Suez Canal Incidents: Over 300 vessels have opted for a 6,000 nautical mile diversion around the Cape of Good Hope in recent days. Consequently, transit durations, shipping costs, and insurance premiums have risen, posing a potential disruption to global production timelines. With the Houthi assault in the Red Sea looming over world trade, what solutions can be explored? ....

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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. ....

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Shipping Container Price Surge to Reverse Due to Overcapacity

Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three… ....

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Red Sea ship attacks could push up cost of goods

Shipping lines are taking longer routes as they avoid the Red Sea. ....

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