​Red Sea Maritime Chokepoint Disruption To Persist Into 2025, Top Shipping Exec Warns  – Tyler Durden

Red Sea Maritime Chokepoint Disruption To Persist Into 2025, Top Shipping Exec Warns  Speaking at the Marine Money conference in Singapore earlier today, Jeremy Nixon, CEO of Ocean Network Express, warned that container shipping disruptions in the southern Red Sea will persist “well into 2025.” “Based on current geopolitical developments at the end of September, it looks quite likely that we will continue to have Cape of Good Hope routing well into 2025,” Nixon said on the sidelines of the conference.  He said the diversion of container ships around the Cape of Good Hope to avoid Iran-backed Houthi drone and missile attacks in…  — Continue at ZeroHedge News : Read More