The container shipping industry is encountering another obstacle with the diminishing viability of the Suez Canal as a preferred route for cargo transportation. In recent weeks, attacks on ships navigating the Red Sea route to the Suez Canal have prompted several shipping companies to redirect vessels or suspend their transit. Despite ongoing international efforts to…
The Cooperative blog
Tag: Suez Canal
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…