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Disruptions in freight transport following Suez Canal problems
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
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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