BBC Business Daily Podcast

Listen here to Smruti Sriram on BBC's Business Daily today, commenting on the impact the Red Sea crisis has had on their business and on global trade.
bbc-red-sea-19th-feb

Three months ago, Houthi fighters from Yemen hijacked a cargo ship in the Red Sea and took the crew captive. It was the group’s first attack on commercial shipping in response to Israel’s military offensive in Gaza. Around 30 similar assaults have followed and the US and UK have retaliated with air strikes against Houthi targets in Yemen. The Houthi attacks have wreaked havoc with shipping in the Red Sea, forcing hundreds of ships to re-route and make the much longer journey around the bottom of Africa. Supply chains have been interrupted and insurance costs have risen for vessels still passing through the area. With no end to the tension in the region in sight, some companies are readjusting their timelines and accepting that the current situation might become the “new normal”. We ask whether the Houthi attacks have changed the way we move goods around the world for ever.

Listen to the full podcast HERE.

More news

Geopolitical-conflicts-and-their-impact-on-trade
Press

Geopolitical conflicts and their impact on trade

Trade disruptions wreak havoc on shipping's decarbonisation goals. With maritime routes under pressure from climate impact and geopolitical conflicts, costs soar, and carbon footprints expand. As companies navigate these challenges, finding sustainable solutions becomes paramount. Dr Sri Ram and Smruti Sriram share their experience on shipping goods from India to Europe.

GET A QUOTE & SAMPLE

Fill out the form, and we’ll send you an initial quote within two hours (Mon-Fri 09:00-17:30)