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Tag: Global trade

Shipping firms impose extra fees as Red Sea attacks hit global trade

December 22, 2023December 22, 2023David Rutman

Some of the world’s largest shipping firms, including Maersk and CMA CGM, will impose extra charges after they re-routed ships in response to attacks on vessels in the Red Sea, as worries about disruption to global trade grow. The surcharges, designed to cover longer voyages around Africa compared with routes via the Suez Canal, will […]

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