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Damietta waits in the wings as Suez reopening threatens fresh Med congestion
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Damietta waits in the wings as Suez reopening threatens fresh Med congestion
The opening of a new container terminal in Egypt today could provide a crucial pressure-release valve for Europe’s container supply chains should carriers resume Suez Canal transits in earnest. A sudden restoration of Asia–Europe services via the canal risks unleashing a wall of cargo on Mediterranean gateways already operating with limited slack. If boxes begin to stack up in Valencia, Genoa or Piraeus, carriers will need somewhere to put them.…
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