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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
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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. 18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen.

Freight 250
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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. This week’s news will all center on this war.

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Freightos is going public…and how we got here

Freightos

In retrospect I’m pleased that I was blissfully ignorant of the fact that it would take so many years for even a single cargo airline, or container ocean liner, to provide an API (that is digital computer to computer connection) for instant rates, capacity, and electronic bookings. The Carrier Digital Revolution.

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

Resilinc

An escalation in conflicts, such as the Israel-Hamas conflict or a shift in Houthi targets to oil tankers and bulk carriers, could have severe implications for the global economy. The cost for a 40-foot container journeying from North Asia to Europe has surged over 600% , reaching $6,000 since the outbreak of the Israel-Hamas war in October.

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Why the News from India is So Bad: A COVID Cycle that Will Continue

NC State SCRC

On Saturday, India reported nearly 3,700 deaths, its highest daily toll, with 3,417 deaths on Sunday, according to a New York Times database. The vaccination rates for India are very low; less than 2%, compared to 62% in Israel, 51% in the UK, 44% in the US, and 42% in Chile and Hungary. However, the news from overseas is horrific.

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Red Sea Shipping Disruption- Developments and Indicators

Supply Chain Matters

Since our original commentary indicating that the Houthis terrorist attacks on ships, believed to be linked to the ongoing Israel and Hamas conflict, the situation remains very active and troubling, but confusing at the same time. That is in the light of expected excess shipping vessel capacity available in 2024.