Red Sea shipping disruptions having a ‘cascading impact’ said the shipping giant
Retailers calling for firm action include members such as supermarket giants Carrefour, Lidl, M&S, and Tesco
Recently, four tankers carrying Russian Urals crude passed through the Bab-el-Mandab strait with another three heading south through the Red Sea
The Middle East crisis is already raising shipping and insurance costs through the critical Red Sea area