High Seas Troubles Affect Global Supply Chains, Part One: Security Risks
Enterra Insights
FEBRUARY 20, 2024
Recent events remind us how big the world is and how vital ocean supply lines are for the global economy. That means maritime shipping lies at the very heart of the global logistical system. As a result, piracy activity dramatically decreased by 75 percent between 2010 and 2022. billion to upwards of $8 billion a year.”[1]
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