Remove Africa Remove Cargo Remove Malaysia Remove Sourcing
article thumbnail

High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Near the Horn of Africa or the Strait of Malacca, pirates who had once seemed quelled have roared back, crimping sea traffic. patrol the Horn of Africa. Customers of maritime shipping firms not only want to protect their goods they also want to avoid higher insurance and additional shipping surcharges for cargo transiting the Red Sea.

article thumbnail

Interoceanic Passages

Abivin

It serves as a detour for ships traveling between ports in Europe, America, and ports in southern Asia, eastern Africa, and Oceania. The Suez Canal closure severely disrupted global trade and encouraged the construction of ever-larger tankers to travel the lengthy circum-Africa route. billion tons of cargo (as of 2020).

Panama 52