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Local oil market: countries adapt strategies in the face of Red Sea conflicts

En la imagen se muestra una refinería en el mar

Militant attacks in the Red Sea and rising freight costs are pushing the global oil market towards becoming more localized. Militant attacks in the Red Sea and rising freight costs are pushing the global oil market towards becoming more localized, favoring sourcing supplies from nearby locations to avoid high fees. The disruption of oil traffic […]

Disruptions in freight transport following Suez Canal problems

En la imagen se muestra un barco transportando mercancía

This scenario affects the efficiency and speed of shipping worldwide. The Suez Canal, a crucial maritime route connecting the Mediterranean Sea to the Red Sea, has been facing significant challenges since mid-November due to attacks by Houthi rebels from Yemen, backed by Iran. This has led to increased maritime transportation costs, with major container companies […]

Chancay Mega-Port: transforming trade dynamics in Peru and China

En la imagen se muestra un hombre con equipo de seguridad en un puerto de exportación

The mega-port aims to strategically position Peru between South America and Asia. The new Chinese mega-port in Chancay, Peru, promises to strengthen trade ties between South America and China. Valued at $3.5 billion and predominantly controlled by the Chinese state-owned company Cosco Shipping, this deep-water port will be China’s first in South America. It is […]

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