Wed, 28 Feb 2024 22:00:57 +0000
Will the India-Middle East Corridor (IMEC) replace a large chunk of the Suez Canal traffic to Europe? Nope! At most, a few crumbs. Dry canals cannot compete with ‘wet’ canals! And that is why there is no truly dry canal in the world. The heaviest rail traffic in the world goes from the American ports …
Full article: https://www.hellenicshippingnews.com/beyond-the-houthis-attacks-on-shipping-the-absurdity-of-the-india-middle-east-corridor/