Although the winter peak shipping season has arrived, the air freight industry is facing a reduced demand because of several factors without any possibility of a quick turnaround. International demand for air freight measured in cargo tonne-kilometres fell by 10.6% compared to last year. In today’s post, we have provided you with a brief report…
The Cooperative blog
Tag: maritime shipping
Lessons we should learn from the Suez Canal Crisis
The Suez Canal of Egypt that connects the Red Sea to the Mediterranean allows for direct shipping between Europe and Asia. In the absence of this canal the ships would have required to go all the way round the Cape of Good Hope in Africa, resulting in a much longer voyage time. The world saw…