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Alternative shipping routes Map of the Habshan–Fujairah oil pipeline and the East-West Crude Oil Pipeline. In June 2012, Saudi Arabia reopened the Iraq Pipeline through Saudi Arabia (IPSA), which was confiscated from Iraq in 2001 and travels from Iraq across Saudi Arabia to a Red Sea port. It will have a capacity of 1.65 million barrels per day.
Ocean shipping rates on major trade routes have fallen by more than half since the beginning of this year, a potential sign of easing inflation pressures and alleviated supply chain logjams.
Global shipping network. The global shipping network is the worldwide network of maritime traffic. From a network science perspective ports represent nodes and routes represent lines. Transportation networks have a crucial role in today's economy, more precisely, maritime traffic is one of the most important drivers of global trade.
Maersk and CMA CGM have introduced new charges to transport goods along many of the world’s busiest shipping routes after re-directing their vessels away from the Red Sea because of attacks.
The Transpolar Sea Route (TSR) is a future Arctic shipping route running from the Atlantic Ocean to the Pacific Ocean across the center of the Arctic Ocean. [1] [2] The route is also sometimes called Trans-Arctic Route. In contrast to the Northeast Passage (including the Northern Sea Route) and the Northwest Passage it largely avoids the ...
Shipping stocks have been on the rise as tensions in the Red Sea have reduced container availability — and have sent freight costs higher. For example: Maersk (MAERSK-A.CO, MAERSK-B.CO) shares ...
Left: This map of shipping routes illustrates the present-day density of commercial shipping in the world's oceans. Right: 16th century and current day trade routes prey to pirating and privateering. Shipping lanes may pose threats to some ocean-going craft.
International shipping company Maersk, which provides shipping for more than 100,000 customers and 130 countries, announced in mid-December that it would pause all vessels bound for the Red Sea ...
The Arctic Bridge shipping route (blue line at map) is hoped to link North America to markets in Europe and Asia using ice-free routes across the Arctic Ocean
The most important target of Biden’s new tariffs are electric vehicles made in China. The new rules raise the import tariff on Chinese EVs to 100% from 25%, meaning a Chinese-made EV with a base ...
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