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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

The canal is a key source of revenue for the government of Egypt, and it is one of the country’s top earners of foreign currency. Current traffic levels are less encouraging, and suggest that FY 2024/25 numbers will be even lower unless the security situation improves.

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Energy Crisis in Asia and Europe: The Supply Chain Impact

Resilinc

While in 2022 Pakistan received oil supplies from Qatar, Nigeria, Egypt, and Italy, this year supplies from Nigeria and Qatar are set to fall. Per the contract, Eni will deliver one LNG cargo per month between 2017 and 2032. Going forward, Pakistan plans to increase LNG supplies from Egypt to soften the impact of the shortages.

Asia 62
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Globalization is not dead!!

Cathy Roberson

I write for publications such as the Journal of Commerce and Air Cargo World. Source for the image below: WTO and UNCTAD for trade volume data; WTO for forecasts). Welcome to Rethinking Supply Chains by me, Cathy Roberson. I also do random supply chain projects for folks. in 2021 after falling 5.3%

Global 52
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Interoceanic Passages

Abivin

The Suez Canal The Suez Canal is an artificial waterway that spans the Isthmus of Suez in northeastern Egypt and connects the Mediterranean Sea with the Gulf of Suez, an arm of the Red Sea. By the time Egypt nationalized the canal in June 1956, all British troops had left. In 1956, Israel, France, and Britain invaded Egypt as a result.

Panama 52
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[INFOGRAPHIC] Interesting Facts & Financial Breakdown of the Global Logistics Market

GlobalTranz

Efficient logistics is an important determinant of a country’s competitiveness and source of employment. Since the construction of the pyramids in ancient Egypt, logistics has made remarkable strides. Logistic activities accelerate economic growth and productivity growth. What is a Logistics Framework?

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Turkey Earthquake: Key Industries, Exports, and Sites Impacted

Resilinc

In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia. Turkey wasn’t the only country impacted by this severe disaster, either.

Turkey 62
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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Customers of maritime shipping firms not only want to protect their goods they also want to avoid higher insurance and additional shipping surcharges for cargo transiting the Red Sea. ”[9] One of the biggest losers in this scenario is Egypt. What alternative sources of supply are available for the essential resources?