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Global maritime trade sails into geopolitical storm

11 months ago Philippines inquirer

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PARIS—International maritime trade has hit stormy waters as attacks by Yemen’s Huthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge. Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which 12 percent of world trade Read more at: inquirer

Tags : global maritime trade sails geopolitical storm

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