Enterra Insights
MAY 21, 2024
Just to start with the most basic point about it, sea trade has been the largest carrier of cargo in the history of the world. In fact, even the land-bound parts of the Silk Road didn’t see as much cargo and trade-goods moving along it as the oceans and seas have.” The decline in the size of the U.S.-flag Critical U.S.
Resilinc
MARCH 5, 2024
Navigate the top climate change issues set to impact the supply chain in 2024. Now, it is predicted that 2024 has a 99% chance of ranking in the top five warmest years. In fact, Resilinc’s CEO, Bindiya Vakil, named Climate Change as one of the top five supply chain megatrends for 2024. 2023 was the warmest year on record.
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Logistics Viewpoints
MAY 10, 2024
Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal.
Freightos
MAY 21, 2024
More Resources Home May 21, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Rates from the Middle East to N.
Resilinc
JANUARY 15, 2024
The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.
Enterra Insights
FEBRUARY 22, 2024
According to Panama Canal Administrator Ricaurte Vásquez , “Dipping water levels could cost them between $500 million and $700 million in 2024, compared to previous estimates of $200 million.”[3] Footnotes [1] Andrew Freedman, “ Climate change and conflict converge to disrupt supply chains ,” Axios, 24 January 2024. [2]
Enterra Insights
FEBRUARY 20, 2024
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.
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