The chapter delves into the impact of global supply chain disruptions on shipping, covering factors like demand spikes, geopolitical changes, and climate change threats. It highlights chaos in the Red Sea affecting trade routes, tensions in the South China Sea among Asian nations, and the strategic importance of sea routes. Additionally, the discussion includes the effects of climate change on shipping routes, the exploration of Arctic passages, and the reconfiguration of global trade routes.
A drought has dramatically reduced the Panama Canal’s capacity, leading to higher costs and big delays for US-bound goods. Reporter Mie Dahl and economics professor Sharat Ganapati deliver the shipping news.
This episode was produced by Jesse Alejandro Cottrell and Haleema Shah, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King.
Transcript at vox.com/todayexplained
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