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How Global Shippers Are Dealing With a Worsening Red Sea Crisis

Odd Lots

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Navigating Turbulent Waters

This chapter explores the challenges of maritime navigation through the Suez Canal and the Red Sea, focusing on the security threats posed by ongoing conflicts, particularly from Houthi forces. It emphasizes the heightened tensions affecting shipping rates and insurance expectations for crews, alongside the complications of union agreements for U.S. flagged ships. Additionally, the chapter discusses broader geopolitical impacts, including changes in shipping routes and the historical role of the U.S. Navy in safeguarding maritime commerce.

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