JRL NEWSWATCH: “How viable is Arctic shipping? Russia is investing in the region” – The Economist

File Photo of Polar Bear on Snow with Bare Ground in the Background, adapted from image at nasa.gov with photo credit to U.S. Fish and Wildlife Service/Eric Regehr

“Shipping lanes are under pressure. Seven of the world’s ten biggest shipping companies have suspended transit through the Red Sea, where the Houthis … are attacking commercial vessels [with the result that] …. far fewer ships are using the Suez Canal …. The volume of trade passing through the Panama Canal … has declined by 30% … after severe drought […]

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