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Published 23:16 IST, December 22nd 2023

Cargo carrier trade facing tough times as shippers shun Red Sea after armed escalation

Diversion of shipping lines taking place through Cape of Good Hope, leading to sharp rise in transit time and freight costs.

Reported by: Saqib Malik
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attack in Red Sea
Red Sea | Image: AP
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23:16 IST, December 22nd 2023