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Red Sea conflict creating ship shortage
The armed conflict has resulted in a shortage of shipping containers which has, in turn, raised sea freight expenditure from China to India
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Who pays for Suez Canal blockage?
Egypt lost around $14 million in revenues for each day the waterway was closed
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Traffic jams are inevitable. What happens when there is a jam in the Canal?
Suez Canal blockage is holding up an estimated $9.6 billion worth of cargo each day between Asia and Europe
