Red Sea Shipping Suspensions Seize Up Supply Chain

Kenneth Loh, APAC Shipping & Logistics Analyst, Bloomberg Intelligence

19-Dec-23 07:45

Red Sea Shipping Suspensions Seize Up Supply Chain

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Over the weekend, four of the five biggest shipping companies in the world have suspended passage through a Red Sea strait due to attacks by Houthi rebels in Yemen. Kenneth Loh, APAC shipping & logistics analyst at Bloomberg Intelligence discusses how this could impact the global freight shipping industry, and his 2024 outlook for APAC players.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Anwar Mahbob

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Categories: economy, international

Tags: red sea strait, houthi rebels,

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