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BBCNEWS World July 5, 2024

the cape of good hope. that s an extra 3,500 nautical miles, or up to two week s sailing, adding as much as $1 million per ship, in fuel alone. maersk ceo vincent clark told the bbc s aaron heslehurst that these extra costs are already being passed on to consumers. it s one of the most important arteries of global trade and having to re route all of this cargo now south of the cape of good hope is going to create significant disruptions to the global supply chain for the duration in which we have to do that, and probably a few months more as we have to get back then into into normal. so you need to see, i think, a stronger mobilisation. the other thing is that the level of threat is actually evolving and so for the coalition that is trying to put in place this safe passage, they need to constantly reassess the level of protection. but for us, it is really important that this is being addressed with diligence and with a strong mobilisation of the international community ....

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BBCNEWS World Business Report June 4, 2024 11:39:00

Hours, is reasonably restraint for now, but there is huge uncertainty about the war the days and weeks ahead could hold. about the war the days and weeks ahead could hold. absolutely. it is not ust ahead could hold. absolutely. it is not just this ahead could hold. absolutely. it is not just this issue ahead could hold. absolutely. it is not just this issue that ahead could hold. absolutely. it is not just this issue that is - ahead could hold. absolutely. it is not just this issue that is going - notjust this issue that is going on. we have lots of different issues around the world. we have the war in ukraine, russia, taiwan election this weekend. the thing that is holding it and why there is no panic in the market at the moment is because there is a lot of supply out there. the us last year pumped out an enormous amount of supply. it is notjust an enormous amount of supply. it is not just the an enormous amount of supply. it is notjust the middle east an enormous amount of su ....

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