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ID 304845100 © Andrii Yalanskyi

Insurance, as well as security, cost is the biggest deciding factor in Suez Canal/Red Sea routings, according to stakeholders.

Hans-Henrik Nielsen, global development director at NVOCC CargoGulf, told The Loadstar: “There are so many doomsday prophets around who like to circulate ‘news’ on social media.

“With ...

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