The Red Sea Crisis: ramifications for vessel operations, shipping networks, and maritime supply chains

Notteboom, Theo; Haralambides, Hercules; Cullinane, Kevin

doi:10.1057/s41278-024-00287-z

Cited by 19 publications

(4 citation statements)

References 31 publications

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“…El desvío hacia el cabo de Buena Esperanza supone un coste de carburante más elevado (se estima un millón de dólares a mayores) debido a los aumentos de los días de tránsito. (Notteboom et al, 2024). En la medida que la crisis del mar Rojo marca el ritmo y el negocio de los armadores de transporte de contenedores, algunas navieras se han olvidado del temido exceso de tonelaje, manteniendo sin problemas las carteras de pedidos de nuevas entregas de buques, y cerrando contratos de fletamento a pesar de su elevado precio.…”

Section: Análisisunclassified

Vulnerabilidad de los choke points oceánicos e implicaciones económicas del conflicto en el mar Rojo

González Laxe

2024

BICE

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El transporte marítimo se ha visto perturbado en las aguas estratégicas del mar Rojo a consecuencia de los ataques de los hutíes a las embarcaciones que transitaban por el estrecho de Bab el-Mandeb y enfilaban el canal de Suez, provocando una alteración de las rutas de dichos buques. Tales circunstancias provocaron la determinación de desviar los barcos por el cabo de Buena Esperanza, alargando las rutas, aumentando los días de navegación, generando una modificación de las cadenas globales de suministro, alzando los fletes, incrementando los costes de explotación y elevando los niveles de contaminación. Las consecuencias económicas todavía no se pueden calcular con exactitud en la medida que el conflicto continúa latente. Ahora bien, los impactos son amplios y se traducen en fuertes disrupciones en lo que atañe a las cancelaciones de itinerarios, suspensión de escalas, reducción de los índices de confiabilidad y recargos en las primas de seguros. El trabajo analiza dichos acontecimientos y evalúa los efectos que ello supone, enfatizando la oportunidad para los nuevos puertos complementarios y sustitutos.

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Section: Análisisunclassified

Vulnerabilidad de los choke points oceánicos e implicaciones económicas del conflicto en el mar Rojo

González Laxe

2024

BICE

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“…In summary, the prolonged shortage of numerous critically relevant pharmaceutical ingredients in Europe, North America, Australia and many other countries that no longer produce them requires urgent reshoring of said fine chemical productions. Disruption of the global pharmaceutical supply chains during the COVID-19 crisis, 71 and more recently the ongoing geopolitical crisis that forces large container ships to avoid navigating the Red Sea and cross the Suez channel, 72 makes the situation even worse (at least in Europe).…”

Section: ■ Conclusionmentioning

confidence: 99%

Reshoring Fine Chemical and Pharmaceutical Productions

Ciriminna,

Della Pina,

Luque

et al. 2024

Org. Process Res. Dev.

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Prolonged shortage of active pharmaceutical ingredients (APIs) in many countries that do not produce critically important APIs requires urgent reshoring of the said fine chemical productions. The situation is even worsened by frequent disruption of the global supply chains, first during the COVID-19 crisis and subsequently with the ongoing Red Sea crisis. In this study, we first outline the main economic and policy aspects emerging from selected cases of reshoring of API production to Europe. Hence, broadening the analysis to include selected cases in China and India, we investigate the industrial uptake of continuous manufacturing in fine chemicals production. Following said concrete analysis of the concrete situation, the study concludes with three main findings.

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“…Unlike the complex factors contributing to the rise in freight rates [6], the environmental impact of container logistics can be more intuitively deducedlonger sailing times and more frequent temporary stops lead to increased fuel consumption, thereby generating more GHG emissions [7,8]. GHG emissions are typically considered an external environmental cost, yet carbon pricing internalizes these environmental consequences.…”

Section: Introductionmentioning

confidence: 99%

Implied threats of the Red Sea crisis to global maritime transport: amplified carbon emissions and possible carbon pricing dysfunction

Peng,

Wang,

2024

Environ. Res. Lett.

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Recent military acts in the Red Sea and Gulf of Aden are forcing merchant ships to reroute, thereby driving up international shipping rates, prolonging delivery dates, and causing additional greenhouse gas emissions. Utilizing the European Union (EU) Monitoring, Reporting, and Verification emissions database and real time Automatic Identification System data, this study conducted frequency analysis and causative investigation on container ships circumnavigating the Cape of Good Hope. The findings indicate that the current policy framework under the EU Emissions Trading System (EU-ETS) poses a higher risk of carbon leakage, particularly for medium and small-sized container ships, thereby undermining the effectiveness of the nascent EU maritime carbon pricing. If the crisis continues, combined with anticipated tighter emission regulations, this risk is expected to escalate. International maritime policy administrators should make timely adjustments in response to the chain reactions caused by war, enhancing the robustness of cross-regional carbon pricing.

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The Red Sea Crisis: ramifications for vessel operations, shipping networks, and maritime supply chains

Cited by 19 publications

References 31 publications

Vulnerabilidad de los choke points oceánicos e implicaciones económicas del conflicto en el mar Rojo

Vulnerabilidad de los choke points oceánicos e implicaciones económicas del conflicto en el mar Rojo

Reshoring Fine Chemical and Pharmaceutical Productions

Implied threats of the Red Sea crisis to global maritime transport: amplified carbon emissions and possible carbon pricing dysfunction

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