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Re-routing of container Ships
Because of the trouble in Egypt shipping companies are avoiding the Suez Canal which is a shortcut to Europe. The alternative is to send them round the coast of Africa.
Will the Somali pirates now have a field day as these ships will be using an area that has been heavily pirated and almost impossible to protect?
Will the Somali pirates now have a field day as these ships will be using an area that has been heavily pirated and almost impossible to protect?
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http://af.reuters.com...idAFL3E7D10G720110201
the south koreans are known for raiding the somalian boats and dragging the pirates back for prosecution.
http://af.reuters.com...idAFL3E7D10G720110201
the south koreans are known for raiding the somalian boats and dragging the pirates back for prosecution.
it's obviously something to worry about, and plan for, but at the moment it doesn't appear the canal is having problems
http://www.bloomberg....-gather-in-cairo.html
Tomorrow, who knows?
http://www.bloomberg....-gather-in-cairo.html
Tomorrow, who knows?
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