THE BIG PICTURE
Director of NG Trade in Brazil, told the GPC in July that she was experiencing a "big fight to get containers," and that prices had shot up for August trade. But for her, this is not the biggest issue: "The main problem," says Borges, "is space on the terminal for inspection. This is causing exporters to take big losses." Nick Crowley believes that "the Red Sea blockage is causing generally longer transit times and slower circulation of shipping containers" but that surges in demand are also having an effect. "Higher demand from the USA in Europe has pulled containers away from the Australia-to-Indian subcontinent/Middle East trade routes,” he told GPC in July. Right now, routes between China and Europe have taken a big chunk of the impact caused by the Red Sea crisis – the Port of Singapore has come under
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