Europe-Indian subcontinent trade by far the most impacted by Red Sea crisis
Now that liner networks have been reworked to use the round-of-Africa routing, using our usual model for calculating demand in TEU*Miles, we gauged its potential impact in 2024.
In 2023, global TEU*Miles were 860 billion. Since we are trying to gauge the impact of the Red Sea crisis versus a normal situation, moving the same amount of cargo globally in 2024, but with a diversion
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