Severe bottleneck in supply chains due to Red Sea tensions ...Egypt

EGYPT INDEPENDENT - News
Severe bottleneck in supply chains due to Red Sea tensions
Tensions in the Red Sea have impacted global supply chains, causing inflation in addition to a rise in shipping costs for ships passing through the Cape of Good Hope. Maritime transport consultant Ahmed al-Shami explained that the inflation in Europe and the US comes due to the decline in global supply chains following the disruption of food shipments. Citizens of Europe and the US will pressure on their governments due to the inflation, he noted. Shami said that some shipping companies have taken the Cape of Good Hope route, causing an increase in the cost of shipping and the high prices of goods. The disruption occurred at the source, he added, as factories in China and other places began

Hence then, the article about severe bottleneck in supply chains due to red sea tensions was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Severe bottleneck in supply chains due to Red Sea tensions )

Apple Storegoogle play

Last updated :

Also on site :