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Red Sea Ocean Transport Disruption Update

Supply Chain Matters

As we have noted in this thread of updates, to a further extent, shipments from Asia eastward that traverse the Panama Canal are an important added backdrop to ocean transport disruption impacts. In parallel is the assessing of the related restricted ship transit volumes surrounding the Panama Canal because of low water levels.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. The number of impacted Asia – N.

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Supply Chain Matters News Capsule Follow-Up

Supply Chain Matters

The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. In the short term, drought-conditions that continue in the waters surrounding the Panama Canal continue to face long waits for traversing, or potential detours.

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December 19, 2023 Update

Freightos

Judah Levine December 19, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 3% to $1,556/FEU. Asia-US East Coast prices (FBX03 Weekly) were level at $2,509/FEU.

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Added Alerts to a Warming Earth and Supply Chain Climate Change Mitigation Efforts

Supply Chain Matters

Both the COP 26 and COP 27 Global Change Summits held in 2021 and 2022 respectfully, sounded the alarm that businesses and governments face a more compelling timeline for mitigating ongoing warming of the planet. Renewed Urgency Last week provided yet another stark warning.

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Building Signs for Another Global Maritime Disruption

Supply Chain Matters

Supply Chain Matters alerts clients and readers to a potential replay of the 2021 disruption in global shipping and cascading supply chain disruption as a result of recent events. container traffic travels through the Panama Canal every year. On the commodity side, oil and natural gas prices are reported to be on the rise as well.

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Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

Business media has further reinforced that at same time, the Panama Canal , which is the globe’s other key transit route. Is the context being applied to the Red Sea disruption, or to the broader and ongoing combined Red Sea and Panama Canal related disruptions? That has since led to rebels targeting U.S. West Coast or U.S.