Middle East Conflict: Red Sea Crossings Down By Further 50% As Disruption “Spreads”
AI Summary
Clarksons Research reports that shipping traffic crossings in the Red Sea have decreased by 50% due to disruptions linked to the ongoing Middle East conflict. The spread of disruptions is impacting maritime activity and global shipping markets.
Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the Middle East conflict, with disruption “spreading” to the Red Sea in recent days. Summarising their latest update issued today at 10.00 am 27th July, Steve Gordon, Global Head of Clarksons Research commented: ...