World trade in the Red Sea crisis
Recently, due to the continued escalation of tensions in the Red Sea, many international shipping companies have chosen bypass Africa to avoid traditional Red Sea routes, which has put many African ports under increasing pressure.
Detouring around Africa has resulted in a significant increase in vessel voyages. Recently, the price of marine fuel oil in Cape Town, South Africa has soared by 15%, and some ports have experienced congestion. This will lead to significant increases in shipping times and costs, including higher ocean freight premiums in Middle East waters. Maersk, one of the world's largest container shipping companies, suspended all its container ships from sailing in the Red Sea. This will have an impact on the global supply chain and bring uncertainty to the world economy and trade.
West Asia Import and Export Group stated that even under such an international situation, we will work with clients to overcome all difficulties, and try our best to ensure the smooth delivery of ferroalloy trade in accordance with the contract. After all, clients’ interests come first..png)
- Export - Metals
- silicon manganese
- Inoculant
- Silicon Carbide
- Recarburizer
- Ferro Silicon
- Silicon Metal
- Ferro Manganese
- High Carbon Silicon
- Nodulizer
- Cored Wire
- Silicon briquette
- Silicon powder /Micro Silicon-Powder
- Silicon slag/Low carbon silicon
- Ferro chrome
- Calcium Silicon
- Electrolytic Manganese Flakes
- Ferro Silicon Aluminum
- Silicon aluminum barium calcium
- Silicon calcium manganese
- Silicon barium calcium
