Becker's Healthcare November 8, 2024
The maritime supply chain, which accounts for 80% of global trade volume, is facing several risks from geopolitical tensions and extreme weather, according to the Center for Strategic and International Studies.
On Nov. 4, the Washington based think tank published a list of current and looming disruption threats to seaborne trade. Here are five threats to know:
1. Piracy
Although research shows a yearslong decline in maritime piracy, the trauma of a pirate attack or even the threat of piracy itself can weigh heavily on the well-being of crew members. Piracy is most common near the West African coast, the Malacca Strait and the South China Sea.
2. Russia-Ukraine war and the Black Sea
Port infrastructure in the...