Saturday, January 6, 2024

China-Europe Railway May Pick Up Some Business Avoiding Red Sea Attacks

 The South China Morning Post published on 6 January 2024 an article titled "Red Sea Attacks See Exporters Turn to China-Europe Railway Express Ahead of Lunar New Year" by Jevans Nyabiage.  

Many large shipping companies, including China's COSCO, are rerouting their Europe-Asia trade around the Cape of Good Hope in order to avoid Houthi attacks on shipping in the Red Sea.  Some companies are also turning to the overland China-Europe Railway to move their goods between Europe and China.