Shipping companies are considering the Arctic passage as a faster, stable alternative to Red Sea disruptions affecting global trade.

1 report, 1 independent Updated Sep 10

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Red Sea Arctic

How it developed

Newest first. Tap a step to see who reported it.

Sep 20Ocean freight rates jumped 201% due to the ongoing crisis in the Red Sea.Sub-event
Sep 10Red Sea disruptions are driving shipping companies to utilize the Arctic route for faster transit.1 source
- globaltimes.cn

Keep exploring

Part of

Disruptions to global trade routes and transit times are affecting commodity flows due to the crisis in the Red Sea. All 3 developments

The entities involved

Red Sea
state in Sudan
- Ethiopia accuses Eritrea of sending troops across the border while simultaneously insisting on sovereign Red Sea access.17:30
- Aramco sold a stake in a Malaysian venture while using the Red Sea port of Yanbu for crude transport amid global energy uncertainty.10:37
Arctic
Swiss-founded computer cooling components company based in Germany
- Simon Fraser University is conducting a project in British Columbia to monitor northern Canadian communities in the Arctic.20:22
- Arctic light display returns in Pigeon Forge, and Humana sponsors Dollywood's Christmas event.Mon 23:47

Related events

Coverage

Newest first; wire copies grouped

Sep 10globaltimes.cn