Suez Canal Update 2024 News

Suez Canal Update 2024 News. Comparative data from marine traffic suggests that the houthi attacks have led to a 79.6 percent drop in drybulk carriers going through the suez canal in june 2024. India is heavily reliant on the red sea route through the suez canal for its trade with europe, north america, north africa and the middle east.


Suez Canal Update 2024 News

Ships avoiding the suez and the panama canals and seeking alternative routes, translating into longer cargo travel distances, rising costs and insurance. Shipping traffic through the vital suez canal artery in egypt has plunged by 66% since cargo was forced to divert due to attacks on vessels, according to official.

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