Maritime disruptions in the Suez Canal and Red Sea expect to affect 10% of world trade and will increase general transport fares

Attacks on container ships in the Red Sea and Suez Canal have caused major shipping lines worldwide to suspend their transits in the area, which is a strategic rendezvous point. A domino effect on world trade is expected, which is of concern to the industry, as around 10% of global trade passes through the Red …