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The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Following the recent attacks launched by Yemen’s Houthi group on cargo ships in the Bab al Mandeb Strait at the southern end of the Red Sea, several major global shipping and oil companies – including Maersk and British Petroleum (BP) – have suspended shipments and halted operations in the area. to $78.64, while US oil rose 2.8%

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Interoceanic Passages

Abivin

Chokepoints (or bottlenecks) are a term used to describe the most crucial strategic marine routes because they: Capacity limitations. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. In 1956, Israel, France, and Britain invaded Egypt as a result.

Panama 52