Uncategorised

On a scale rivalling the aftermath of COVID-19, the ongoing conflict in the Red Sea has wrecked havoc on global trade and shipping. Consequently, shipping industries have had no choice but to divert vessels away from the region in order to mitigate risks. i. Where is the Red Sea and Why is it Important?  The … Muddying the Red Sea/The Red Sea Crisis

Panama Canal anticipates full capacity by early 2025 as it slowly recovers from drought. Shipping restrictions will continue to lift over the coming months, relieving pressure on the global supply chain. Connecting the Atlantic and Pacific oceans, the Panama Canal accounts for around 5-6% of global maritime trade. The recent combination of El Niño, exacerbated … Panama Canal’s Ongoing Drought