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Shipping Route Challenges

March 19, 2024

Podcast description

Alex Talbot discusses the significant challenges in the shipping industry, highlighting the closure of the Suez Canal route and the need to reroute around South Africa, adding weeks to transit times. He also mentions capacity reductions in the Panama Canal, leading to a surge in shipping rates globally, with the Asia-Europe and West Coast routes being most affected.

Transcript

Published on

March 19, 2024

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