These are the world's most vital waterways for global trade
Feb 15, 2024 · The Suez Canal in Egypt connects the Mediterranean with the Red Sea and is a dividing line between Africa and Asia. The canal, which is at the opposite end of the Red Sea and Gulf of Aden's Bab Al Mandeb strait, is the shortest maritime route from Europe to Asia and allows ships to avoid the long trip around South Africa's Cape of Good Hope.
These 6 maps show just how busy global shipping lanes are
Jun 22, 2022 · Located between England and France, the 350-mile-long English Channel links the North Sea to the Atlantic Ocean. Approximately 500 vessels travel through the channel each day, making it one of the world’s busiest shipping lanes.
Red Sea attacks: What trade experts have to say about the …
Feb 20, 2024 · “The Red Sea has become a hotspot of geopolitical tension due to Houthi militants targeting commercial vessels, with over 33 attacks reported since 19 November 2023. These disruptions threaten a key maritime route essential for a significant share of global container traffic and over $1 trillion in annual merchandise.
Seafarers are still stuck at sea, months into the pandemic | World ...
Sep 21, 2020 · These people are the world’s shipping crew, without whom global trade and global supply chains grind to a halt. Without them, store shelves would be bare, and bellies empty. These men and women are essential to preserving life as we know it. And they are waging a battle against fatigue and despair after endless months at sea.
Charting the course: How the shipping industry is adapting to …
Feb 23, 2024 · There has been a contraction in available market capacity, a phenomenon not isolated to the Red Sea but also influenced by the drought situation in the Panama Canal and the cyclical effect of the Chinese New Year. These dynamics have precipitated noticeable capacity reductions across pivotal trade corridors: Transpacific routes to North America ...
The world’s most important trade route? | World Economic Forum
May 21, 2014 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.
This new technology can save whales from ship collisions
Sep 17, 2020 · The shipping lanes around these ports, like many others around the world, also overlap with a biologically rich feeding ground for endangered whales. This region has been identified as an area of concern since 2007, when five endangered blue whales were killed by ship collisions in the channel.
Drought at the Panama Canal disrupts global trade - The World …
Aug 22, 2023 · While the TFA doesn't explicitly address disaster relief, its clauses—particularly those pertaining to transparency, coordinated border management, risk-based strategies, pre-arrival processing and prioritized handling of perishable goods—hold the potential to substantially contribute to climate-related disaster relief when effectively put into practice, experts say.
Sea level rise: Everything you need to know - The World Economic …
Sep 20, 2024 · In its Surging Seas report, the organization highlights the dangers facing the communities of the Pacific Small Island Developing States: "The Pacific SIDS, especially those in the western tropical Pacific (e.g., Kiribati, Tuvalu, and the Republic of the Marshall Islands), are particularly vulnerable to SLR [sea level rise] because of: (i) high exposure to tropical cyclones and other tropical ...
8 ways the world is adapting to rising sea levels - The World …
Aug 22, 2022 · As many as 410 million people could be vulnerable to rising sea levels by the end of the century. Rising sea levels this century could cost as much as $5.5 trillion, according to the OECD. From China to Senegal, countries are coming up with innovations including floating cities, and sponge cities, to adapt to climate change and protect people ...