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Suez accident gives Japanese shipping firms pause for thought | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Big ships and long supply chains Looking for alternatives to Suez It is certainly a very sensible move for Japanese companies to at least look into alternative routes, although they must remember that each of those will also have drawbacks, Yoshitsugu Hayashi, a professor of transportation policy and systems at Chubu University, told DW. According to Hayashi, there are three alternative routes that are available to link East Asia with Europe, while a fourth is under development. The first is a return to the journey around the Cape of Good Hope in South Africa, which was the route used before the 193-kilometer-long (120-mile) Suez Canal was completed in November 1869. ....
In recent weeks the European Union’s foreign ministers approved with little fanfare or consultation the EU Strategy for Cooperation in the Indo-Pacific. It is a timely step, which reflects an awareness of the Indo-Pacific region’s growing strategic importance. But, as is so often the case with EU frameworks, it offers a lot of vague plans, broad principles, and bureaucratic jargon and not much strategic clarity. The world’s geostrategic focus on the Indo-Pacific region is a recent phenomenon. Just a few years ago, it was Asia or perhaps the Asia-Pacific that consumed the world’s attention, with former US President Barack Obama’s “pivot to Asia” a case in point. ....
Europe’s Latest Strategic Letdown BY April 30, 2021 The EU needs a clear and credible strategy for the Indo-Pacific. Unfortunately, the one it has put forward is a tissue of bureaucratic jargon that leaves one wondering not only about Europe s specific priorities, but also whether it is truly committed to establishing a presence in the region. . L ast week, the European Union’s foreign ministers approved – with little fanfare or consultation – the EU Strategy for Cooperation in the Indo-Pacific. It is a timely step, which reflects an awareness of the Indo-Pacific region’s growing strategic importance. But, as is so often the case with EU frameworks, it offers a lot of vague plans, broad principles, and bureaucratic jargon – and not much strategic clarity. ....
The European Union needs a clear and credible strategy for the Indo-Pacific. Unfortunately, the one it has put forward is a tissue of bureaucratic jargon that leaves one wondering not only about Europe's specific priorities, but also whether it is truly committed to establishing a presence in the region. ....