Is the Suez Canal making a comeback? After months of avoiding the Red Sea because of security and political tensions, shipping companies appear to be cautiously returning to one of the world’s most important trade routes.
Is the Suez Canal making a comeback? After months of avoiding the Red Sea because of security and political tensions, shipping companies appear to be cautiously returning to one of the world’s most important trade routes. But with uncertainty still hanging over the region, how confident can they be that the route is safe — and what could this mean for freight costs, shipping times and the price of goods reaching markets around the world?
Guest: Unathi Sonti: Executive Chairperson, Maritime Business Chamber
The skinny
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