www.bostonglobe.com Open in urlscan Pro
2a02:26f0:e200::217:525a  Public Scan

URL: https://www.bostonglobe.com/2024/01/25/business/un-global-trade-is-being-disrupted-by-red-sea-attacks-war-ukraine-low-water-...
Submission: On December 03 via api from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

Skip to main content

Sections

Search

ePaper

Podcasts
email Created with Sketch.
Newsletters

More


WATCH: GLOBE TODAY


EPAPER


SPORTS

 * Red Sox
 * Patriots
 * Bruins
 * Celtics
 * Revolution
 * High Schools
 * Colleges
 * TV & Radio


METRO

 * Weather
 * Politics
 * Transportation
 * Education
 * Camberville
 * Around Mass.
 * Investigations
 * Obituaries
 * Death Notices


GAMES & PUZZLES

 * Crossword
 * Mini Crossword
 * Sudokus
 * Word Flower
 * WordroW
 * Jigsaw


BUSINESS

 * Tech Power Players
 * Technology
 * Economy
 * Housing
 * Real Estate
 * Jobs
 * Biotech
 * Future of Work
 * The Fine Print
 * Bold Types


POLITICS

 * 2024 Election


MONEY, POWER, INEQUALITY


CLIMATE


SPOTLIGHT


OPINION

 * Ideas
 * Columns and Op-eds
 * Editorials
 * Letters
 * Cartoons
 * Say More podcast


NEW HAMPSHIRE

 * Business
 * Politics
 * Education
 * Crime
 * Health
 * Commentary


RHODE ISLAND

 * Things to Do
 * Rhode Island Podcast
 * RI Food & Dining
 * Politics
 * Business
 * Arts
 * Crime


WORLD


COVID


GLOBE MAGAZINE

 * Miss Conduct
 * Dinner with Cupid
 * Perspective
 * Women & Power 2023


LIFESTYLE

 * A Beautiful Resistance
 * Food & Dining
 * Comics
 * Crossword
 * Games
 * Travel
 * Names
 * Love Letters
 * Real Estate


ARTS

 * Books
 * Movies
 * Music
 * Television
 * Visual Arts
 * Theater/Dance


CARS


REAL ESTATE


EVENTS


SEARCH


EPAPER


MURDER IN BOSTON


LOVE LETTERS


SAY MORE


RHODE ISLAND REPORT


MR. 80 PERCENT


GLADIATOR


STAT: THE READOUT LOUD


THE GLOBE


ALL PODCASTS


TODAY'S HEADLINES


BREAKING NEWS ALERTS


STARTING POINT


TODAY IN OPINION


GLOBE'S MOST POPULAR


CAMBERVILLE & BEYOND


RHODE ISLAND NEWS


NEW HAMPSHIRE NEWS


ALL NEWSLETTERS


GAMES & PUZZLES


MAGAZINE


OBITUARIES


COMICS


EVENTS


MANAGE MY ACCOUNT

Sign In
Email to a Friend
Share on Facebook Share on TwitterPrint this Article
View Comments

ePaperMetroWeatherPoliticsSportsBusinessWatch: Globe TodayPuzzlesRhode
IslandGlobe MagazineOpinionHealthArtsLifestyleEducationCambervilleMoney, Power,
InequalitySpotlightTechnologyClimateCarsReal EstateEvents
Sign In
CYBER MONDAY SALE Subscribe for $1



UNITED NATIONS SAYS GLOBAL TRADE IS BEING DISRUPTED BY RED SEA ATTACKS, WAR IN
UKRAINE, AND LOW WATER IN PANAMA CANAL

By EDITH M. LEDERER The Associated Press,Updated January 25, 2024, 10:54 p.m.
Email to a Friend
Share on Facebook Share on TwitterPrint this Article
View Comments
The Suez Canal handled 12 to 15 percent of global trade in 2023, but UNCTAD
estimates that the trade volume going through the waterway dropped by 42 percent
over the last two months, Hoffmann said.Amr Nabil/Associated Press

UNITED NATIONS — The U.N. trade body sounded an alarm Thursday that global trade
is being disrupted by attacks in the Red Sea, the war in Ukraine, and low water
levels in the Panama Canal.

Jan Hoffmann, a trade expert at the United Nations Conference on Trade and
Development known as UNCTAD, warned that shipping costs have already surged and
energy and food costs are being affected, raising inflation risks.

Since attacks by Yemen’s Houthi rebels on ships in the Red Sea began in
November, he said, major players in the shipping industry have temporarily
halted using Egypt’s Suez Canal, a critical waterway connecting the
Mediterranean Sea to the Red Sea and a vital route for energy and cargo between
Asia and Europe.

To continue reading, please login or subscribe to Globe.com
Get 6 Months of Unlimited Access for $1

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------

--------------------------------------------------------------------------------



--------------------------------------------------------------------------------

Show comments


MORE ON GLOBE.COM

--------------------------------------------------------------------------------

CHEF BARBARA LYNCH TO HOLD ESTATE SALE WEEKS AFTER ANNOUNCEMENT OF RESTAURANT
CLOSURES, $1.7 MILLION TAX LAWSUIT

In October, Lynch announced she would be closing and selling her remaining
restaurants, and the following month she was sued by Boston officials for unpaid
property taxes.

OPINION

IN NEWTON, WE TRIED AN EXPERIMENT IN EDUCATIONAL EQUITY. IT HAS FAILED.

“Multilevel classrooms” are not working for teachers or students, writes the
head of Newton South High School’s Faculty Council.

CELTICS NOTEBOOK

CELTICS CATCH DREW PETERSON OFF GUARD WITH UNEXPECTEDLY BIG MINUTES

Peterson, who is with the Celtics on a two-way contract, played a career-high
24:57 Sunday. He followed up Monday with 23 minutes against the Heat, his former
team.


PANEL FILES CHARGES AGAINST JUDGE SHELLEY JOSEPH WITH SJC FOR ‘WILLFULL JUDICIAL
MISCONDUCT’

Judge Shelley M. Richmond Joseph allegedly helped an undocumented immigrant
evade federal officials who showed up to arrest him in Newton District Court in
April 2018.


BIDEN’S PARDON OF HIS SON EXUDES ‘WHITE PRIVILEGE,’ LOCAL ADVOCATES SAY

President Biden's pardon of his son, Hunter Biden, caused some to question the
lack of second chances for people of color.

UNCONVENTIONAL REVIEW

AFTER LOSING ANOTHER GAME THERE FOR THE TAKING, A QUESTION: WHEN WILL THE
PATRIOTS WIN AGAIN?

Another four-win season for the Patriots wouldn’t exactly be progress, but it
would come with some genuine hope considering Drake Maye’s excellent first
impression.


‘MORTIFIED WE JUST WENT THROUGH THIS.’ MASS. PHOTOGRAPHER RECORDS RACIST
ENCOUNTER WITH PASSENGER ON AIRPORT SHUTTLE BUS IN LA.

In the viral video, an unidentified woman puts her middle fingers up and hurls
insults at Pervez Taufiq.


TRUMP SAYS HE WILL BLOCK ACQUISITION OF US STEEL BY JAPANESE FIRM

“I am totally against the once great and powerful US Steel being bought by a
foreign company, in this case Nippon Steel of Japan,” Trump wrote in a post on
Truth Social. “As President, I will block this deal from happening. Buyer
Beware!!!”


‘I WISH THEY COULD BE HERE NOW’: WORCESTER REMEMBERS SIX FIREFIGHTERS KILLED 25
YEARS AGO IN WAREHOUSE BLAZE

The legacy of the Worcester Six remains strong for many in this city.


MOST READ IN THIS SECTION

--------------------------------------------------------------------------------

BEFORE EXITING, BIDEN HEADS TO AFRICA TO HIGHLIGHT HIS OWN COUNTER TO CHINA.
WILL TRUMP TAKE IT UP?



SCIENTISTS GATHER TO DECODE PUZZLE OF THE WORLD’S RAREST WHALE IN
‘EXTRAORDINARY’ NEW ZEALAND STUDY



Follow Us





SUBSCRIBE NOW

Digital Access

Home Delivery

Gift Subscriptions


MY ACCOUNT

Log In

Manage My Account

Customer Service

Delivery Issues

Feedback


CONTACT

Help & FAQs

Staff List

Advertise


MORE

Newsletters

View the ePaper

Order Back Issues

News in Education

Search the Archives

Privacy Policy

Terms of Service

Terms of Purchase

Contact

Work at Boston Globe Media

Internship Program

Co-op Program

Do Not Sell My Personal Information

©2024 Boston Globe Media Partners, LLC


logo-white Created with Sketch.


$1 FOR 8 MONTHS
CYBER MONDAY SALE

Don't miss our best sale of the year.

Mobile App

Games

Newsletters

Weather

Get Access for $1

Sale ends tonight. Cancel anytime.

Already a subscriber? Log in | Home
search by queryly Advanced Search



WE CARE ABOUT YOUR PRIVACY

We and our 865 partners store and access personal data, like browsing data or
unique identifiers, on your device. Selecting "I Accept" enables tracking
technologies to support the purposes shown under "we and our partners process
data to provide," whereas selecting "Reject All" or withdrawing your consent
will disable them. If trackers are disabled, some content and ads you see may
not be as relevant to you. You can resurface this menu to change your choices or
withdraw consent at any time by clicking the Manage Preferences link on the
bottom of the webpage [or the floating icon on the bottom-left of the webpage,
if applicable]. Your choices will have effect within our Website. For more
details, refer to our Privacy Policy.Privacy Policy


WE AND OUR PARTNERS PROCESS DATA TO PROVIDE:

Actively scan device characteristics for identification. Store and/or access
information on a device. Personalised advertising and content, advertising and
content measurement, audience research and services development. List of
Partners (vendors)

ACCEPT ALL Reject Show Purposes



PRIVACY PREFERENCE CENTER

We process your data to deliver content or advertisements and measure the
delivery of such content or advertisements to extract insights about our
website. We share this information with our partners on the basis of consent and
legitimate interest. You may exercise your right to consent or object to a
legitimate interest, based on a specific purpose below or at a partner level in
the link under each purpose. These choices will be signaled to our vendors
participating in the Transparency and Consent Framework.
Allow All


MANAGE CONSENT PREFERENCES

STRICTLY NECESSARY COOKIES 669 PARTNERS CAN USE THIS PURPOSE

Always Active

These cookies are necessary for the website to function and cannot be switched
off in our systems. They are usually only set in response to actions made by you
which amount to a request for services, such as setting your privacy
preferences, logging in or filling in forms. You can set your browser to block
or alert you about these cookies, but some parts of the site will not then work.
These cookies do not store any personally identifiable information.

 * ENSURE SECURITY, PREVENT AND DETECT FRAUD, AND FIX ERRORS 533 PARTNERS CAN
   USE THIS SPECIAL PURPOSE
   
   Switch Label label
   
   Your data can be used to monitor for and prevent unusual and possibly
   fraudulent activity (for example, regarding advertising, ad clicks by bots),
   and ensure systems and processes work properly and securely. It can also be
   used to correct any problems you, the publisher or the advertiser may
   encounter in the delivery of content and ads and in your interaction with
   them.
   
   View Illustrations 

 * MATCH AND COMBINE DATA FROM OTHER DATA SOURCES 372 PARTNERS CAN USE THIS
   FEATURE
   
   Switch Label label
   
   Information about your activity on this service may be matched and combined
   with other information relating to you and originating from various sources
   (for instance your activity on a separate online service, your use of a
   loyalty card in-store, or your answers to a survey), in support of the
   purposes explained in this notice.

List of IAB Vendors‎

PERFORMANCE COOKIES 628 PARTNERS CAN USE THIS PURPOSE

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and
improve the performance of our site. They help us to know which pages are the
most and least popular and see how visitors move around the site. All
information these cookies collect is aggregated and therefore anonymous. If you
do not allow these cookies we will not know when you have visited our site, and
will not be able to monitor its performance.

 * ACTIVELY SCAN DEVICE CHARACTERISTICS FOR IDENTIFICATION 133 PARTNERS CAN USE
   THIS SPECIAL FEATURE
   
   Switch Label
   
   With your acceptance, certain characteristics specific to your device might
   be requested and used to distinguish it from other devices (such as the
   installed fonts or plugins, the resolution of your screen) in support of the
   purposes explained in this notice.

 * LINK DIFFERENT DEVICES 336 PARTNERS CAN USE THIS FEATURE
   
   Always Active
   
   In support of the purposes explained in this notice, your device might be
   considered as likely linked to other devices that belong to you or your
   household (for instance because you are logged in to the same service on both
   your phone and your computer, or because you may use the same Internet
   connection on both devices).

 * IDENTIFY DEVICES BASED ON INFORMATION TRANSMITTED AUTOMATICALLY 508 PARTNERS
   CAN USE THIS FEATURE
   
   Always Active
   
   Your device might be distinguished from other devices based on information it
   automatically sends when accessing the Internet (for instance, the IP address
   of your Internet connection or the type of browser you are using) in support
   of the purposes exposed in this notice.

List of IAB Vendors‎

FUNCTIONAL COOKIES 701 PARTNERS CAN USE THIS PURPOSE

Functional Cookies

These cookies enable the website to provide enhanced functionality and
personalisation. They may be set by us or by third party providers whose
services we have added to our pages. If you do not allow these cookies then some
or all of these services may not function properly.

 * STORE AND/OR ACCESS INFORMATION ON A DEVICE 701 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Cookies, device or similar online identifiers (e.g. login-based identifiers,
   randomly assigned identifiers, network based identifiers) together with other
   information (e.g. browser type and information, language, screen size,
   supported technologies etc.) can be stored or read on your device to
   recognise it each time it connects to an app or to a website, for one or
   several of the purposes presented here.
   
   View Illustrations 

List of IAB Vendors‎

TARGETING COOKIES 537 PARTNERS CAN USE THIS PURPOSE

Targeting Cookies

These cookies may be set through our site by our advertising partners. They may
be used by those companies to build a profile of your interests and show you
relevant adverts on other sites. They do not store directly personal
information, but are based on uniquely identifying your browser and internet
device. If you do not allow these cookies, you will experience less targeted
advertising.

 * DELIVER AND PRESENT ADVERTISING AND CONTENT 537 PARTNERS CAN USE THIS SPECIAL
   PURPOSE
   
   Always Active
   
   Certain information (like an IP address or device capabilities) is used to
   ensure the technical compatibility of the content or advertising, and to
   facilitate the transmission of the content or ad to your device.
   
   View Illustrations 

List of IAB Vendors‎

PERSONALISED ADVERTISING AND CONTENT, ADVERTISING AND CONTENT MEASUREMENT,
AUDIENCE RESEARCH AND SERVICES DEVELOPMENT 830 PARTNERS CAN USE THIS PURPOSE

Personalised advertising and content, advertising and content measurement,
audience research and services development

 * CREATE PROFILES FOR PERSONALISED ADVERTISING 516 PARTNERS CAN USE THIS
   PURPOSE
   
   Switch Label
   
   Information about your activity on this service (such as forms you submit,
   content you look at) can be stored and combined with other information about
   you (for example, information from your previous activity on this service and
   other websites or apps) or similar users. This is then used to build or
   improve a profile about you (that might include possible interests and
   personal aspects). Your profile can be used (also later) to present
   advertising that appears more relevant based on your possible interests by
   this and other entities.
   
   View Illustrations 

 * USE PROFILES TO SELECT PERSONALISED ADVERTISING 510 PARTNERS CAN USE THIS
   PURPOSE
   
   Switch Label
   
   Advertising presented to you on this service can be based on your advertising
   profiles, which can reflect your activity on this service or other websites
   or apps (like the forms you submit, content you look at), possible interests
   and personal aspects.
   
   View Illustrations 

 * CREATE PROFILES TO PERSONALISE CONTENT 229 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Information about your activity on this service (for instance, forms you
   submit, non-advertising content you look at) can be stored and combined with
   other information about you (such as your previous activity on this service
   or other websites or apps) or similar users. This is then used to build or
   improve a profile about you (which might for example include possible
   interests and personal aspects). Your profile can be used (also later) to
   present content that appears more relevant based on your possible interests,
   such as by adapting the order in which content is shown to you, so that it is
   even easier for you to find content that matches your interests.
   
   View Illustrations 

 * USE PROFILES TO SELECT PERSONALISED CONTENT 203 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Content presented to you on this service can be based on your content
   personalisation profiles, which can reflect your activity on this or other
   services (for instance, the forms you submit, content you look at), possible
   interests and personal aspects. This can for example be used to adapt the
   order in which content is shown to you, so that it is even easier for you to
   find (non-advertising) content that matches your interests.
   
   View Illustrations 

 * MEASURE ADVERTISING PERFORMANCE 749 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Information regarding which advertising is presented to you and how you
   interact with it can be used to determine how well an advert has worked for
   you or other users and whether the goals of the advertising were reached. For
   instance, whether you saw an ad, whether you clicked on it, whether it led
   you to buy a product or visit a website, etc. This is very helpful to
   understand the relevance of advertising campaigns.
   
   View Illustrations 
   Object to Legitimate Interests Remove Objection

 * MEASURE CONTENT PERFORMANCE 372 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Information regarding which content is presented to you and how you interact
   with it can be used to determine whether the (non-advertising) content e.g.
   reached its intended audience and matched your interests. For instance,
   whether you read an article, watch a video, listen to a podcast or look at a
   product description, how long you spent on this service and the web pages you
   visit etc. This is very helpful to understand the relevance of
   (non-advertising) content that is shown to you.
   
   View Illustrations 
   Object to Legitimate Interests Remove Objection

 * UNDERSTAND AUDIENCES THROUGH STATISTICS OR COMBINATIONS OF DATA FROM
   DIFFERENT SOURCES 468 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Reports can be generated based on the combination of data sets (like user
   profiles, statistics, market research, analytics data) regarding your
   interactions and those of other users with advertising or (non-advertising)
   content to identify common characteristics (for instance, to determine which
   target audiences are more receptive to an ad campaign or to certain
   contents).
   
   View Illustrations 
   Object to Legitimate Interests Remove Objection

 * DEVELOP AND IMPROVE SERVICES 561 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Information about your activity on this service, such as your interaction
   with ads or content, can be very helpful to improve products and services and
   to build new products and services based on user interactions, the type of
   audience, etc. This specific purpose does not include the development or
   improvement of user profiles and identifiers.
   
   View Illustrations 
   Object to Legitimate Interests Remove Objection

 * USE LIMITED DATA TO SELECT CONTENT 136 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Content presented to you on this service can be based on limited data, such
   as the website or app you are using, your non-precise location, your device
   type, or which content you are (or have been) interacting with (for example,
   to limit the number of times a video or an article is presented to you).
   
   View Illustrations 
   Object to Legitimate Interests Remove Objection

 * USE LIMITED DATA TO SELECT ADVERTISING 642 PARTNERS CAN USE THIS PURPOSE
   
   Switch Label
   
   Advertising presented to you on this service can be based on limited data,
   such as the website or app you are using, your non-precise location, your
   device type or which content you are (or have been) interacting with (for
   example, to limit the number of times an ad is presented to you).
   
   View Illustrations 
   Object to Legitimate Interests Remove Objection

List of IAB Vendors‎

SAVE AND COMMUNICATE PRIVACY CHOICES 341 PARTNERS CAN USE THIS SPECIAL PURPOSE

Always Active

The choices you make regarding the purposes and entities listed in this notice
are saved and made available to those entities in the form of digital signals
(such as a string of characters). This is necessary in order to enable both this
service and those entities to respect such choices.

List of IAB Vendors‎ | View Illustrations 
Back Button


COOKIE LIST



Search Icon
Filter Icon

Clear
checkbox label label
Apply Cancel
Consent Leg.Interest
checkbox label label
checkbox label label
checkbox label label

Reject All Confirm My Choices