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Parting impact: Container shipping adjusts to Red Sea disruption.

Authors :
Szakonyi, Mark
Source :
Journal of Commerce (1530-7557); 2/12/2024, Vol. 25 Issue 4, p11-15, 4p
Publication Year :
2024

Abstract

The article focuses on the adjustments made by container carriers to navigate longer routes around the south of Africa amid ongoing U.S. strikes against Houthi rebels in Yemen and Red Sea transit challenges, with sailings from Asia to various destinations now taking around 40 days. It mentions the impact on North American and European ports is currently minimal, but concerns arise about potential congestion if demand surges after China's Lunar New Year.

Details

Language :
English
ISSN :
15307557
Volume :
25
Issue :
4
Database :
Complementary Index
Journal :
Journal of Commerce (1530-7557)
Publication Type :
Periodical
Accession number :
175250810