There is traffic congestion in the UAE’s Jebel Ali port due to tensions in the Red Sea due to the need to find alternative routes for global trade. writes about this “Kommersant”.
This port is one of the largest in the region and handles Russian container cargo.
Market participants note an increase in the cost of port services, an increase in transit time and an increase in prices for the delivery of goods from the UAE to Russia. While searching for a new route, they are faced with the fact that other ports in the region have less capacity and are more expensive.
However, passage through the Red Sea remains open to Russian ships, easing the problem of traffic congestion in the Jebel Ali port.
Jabal Ali deep sea port is located in Dubai and is the tenth largest port in the world. It is managed by DP World. In addition to general cargo, 19.3 million TEU container cargo is also handled at the port annually.
In March, the Houthis reportedly attacked the Red Sea. augmented request for transportation of goods to Europe via Russia. Demands for the transportation of goods along the Russian Railways railway corridor have increased by approximately 40%. The publication was told about this by the German transport and logistics company DHL.
It was previously reported that it was the Houthis. they want to drown The West is in a “crisis quagmire” around the Red Sea.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.