Economic Fallout from Red Sea Conflict Causes Global Supply Chain Disruptions
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#1e5fa83c ver:0.1

The Red Sea conflict is causing economic fallout and disrupting global supply chains, with concerns that the situation could worsen. The World Trade Organization predicts a rebound in international trade in 2024, but challenges remain, including weaker growth in Europe and escalating tensions in the Middle East. The Geneva Dry Conference discusses the impact on the dry bulk carrier industry, with disruptions in the Red Sea and Panama Canal adding 1.4% additional tonne-mile demand. The conflict is causing unpredictable schedules, clogging ports, and creating container shortages, leading to longer delivery times and surging freight rates. #RedSeaConflict #GlobalTrade #SupplyChainDisruptions...

#newstr #RedSea #Yemen #SupplyChain #GlobalTrade #Shipping #ContainerShortage #FreightRates #Asia #Us #Europe #China #Singapore #Uae 

 https://here.news/story/1e5fa83c?ver=0.1