The Limited Times

Now you can see non-English news...

Italian ports adapt to Red Sea crisis

2024-02-14T19:00:39.811Z

Highlights: Italian ports adapt to Red Sea crisis. Attacks on ships are becoming rarer, without having disappeared. On Monday, a Greek boat carrying corn from Brazil was targeted, without much damage. Italy saw 154 billion euros of goods transit its ports last year out of the 1,109 billion euro of goods destined for Europe and which passed through the Suez Canal. This article is reserved for subscribers. You have 83% left to discover. Flash sale -70% on digital subscription I ENJOY IT Already subscribed? Log in.


ANALYSIS - The Suez Canal is a vital artery for Italy's foreign trade. Despite the additional costs, activity continues.


Rome

Almost four months after the first missile launch by Yemen's Houthis, on October 19, towards the Bab al-Mandab Strait, the first signs of appeasement are there.

After the decision of large shipowners such as MSC, Maersk, CMA CGM or Hapag-Lloyd decided to suspend the navigation of their container ships in the Red Sea, Suez Canal traffic was halved in the fourth quarter of 2023. Today, attacks on ships are becoming rarer, without having disappeared.

On Monday, a Greek boat carrying corn from Brazil was targeted, without much damage.

Large carriers have largely adapted to the situation.

To the point that the cries of alarm heard until the end of January about the risks for global trade chains are becoming less pressing.

Italy, which saw 154 billion euros of goods transit its ports last year out of the 1,109 billion euros of goods destined for Europe and which passed through the…

This article is reserved for subscribers.

You have 83% left to discover.

Flash sale

-70% on digital subscription

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2024-02-14

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.