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BBCNEWS World July 5, 2024

before those strikes took place, the boss of maersk, one of the world s biggest shipping companies, spoke to the bbc to warn of significant disruption to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re routing its vessels away from the red sea and suez canal. instead they are taking the long way round , from asia to europe, and around the cape of good hope. that s an extra 3500 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 that these extra costs are already being passed onto consumers. this assessment of the most important oddities of global trade and to rewrote 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 normal. you need to see a stronger mobil ....

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BBCNEWS World Business Report June 4, 2024 05:35:00

Certainly we already happening? well certainly we are - already happening? well certainly we are already | certainly we are already hearing from a number of different big names, such as tesla, it is having to sit down gig in berlin its huge factory in berlin, germany. because of issues and getting essential component. this will mean that the suv will result in 5000 7000 of these not being built or at least delayed for a significant amount of time. not just car manufacturing but also a chinese car manufacturer said there would be delays in terms of production. wheeler, retailers such as tesco here in the united kingdom, its managing directorflagged yesterday this could mean delays and potentially an increase in prices. that was echoed as well by the british retail consortium and we heard from next about delays to clothing coming from the far east. if you remember us ....

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