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Container traces are actually still left scrambling to hire plenty of ships for that lengthened journeys their vessels will have to now consider to avoid the Purple Sea, and there are actually fears the disaster might have prevalent financial impacts, pushing up prices of goods and delaying deliveries of higher-price products by weeks or maybe even for a longer period.
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Elsewhere, the critical drought afflicting the Panama Canal as well as the war in Ukraine – that has curtailed grain shipments through the Black Sea – can also be strangling world wide source chains. There's an urgency to adapt and reroute, even though it includes major monetary and environmental implications.
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