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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

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. As of January 11, Volvo Car AB has suspended production at its plant in Ghent, Belgium, for three days. On January 11, the U.S.