Red Sea crisis escalates, Egyptian orange exports to Asia disrupted

Due to frequent terrorist attacks on civilian ships by the Houthi armed forces in Yemen, container ship transportation along the Red Sea and Suez Canal was forced to suspend. In January, shipping companies repeatedly oscillated between resuming sailings and detouring, causing uncertainty to the supply chain Increased sex. The Suez Canal and the Red Sea are important waterways for Egypt. The suspension of routes has brought a serious crisis to Egyptian citrus producers and exporters. There is also a shortage of Egyptian oranges in the Asian market. Currently, Egyptian exporters are urgently looking for alternative routes to ship fruits, and growers The orange harvest has been forced to suspend due to concerns about plummeting prices. But Egyptian exporters have struggled to find alternatives beyond the Red Sea. The route around the Cape of Good Hope is not only longer, but also more expensive. Egypt is the world's third largest exporter of fresh oranges after Spain and South ...