RSGT: Planning for the Future at the Crossroads of Global Trade

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Vessels plying trade goods up and down the Red Sea represent a maritime tradition at least 4,000 years old, but an ancient maritime heritage also poised for larger role in the modern global economy. The Red Sea, linking maritime trade between Europe, Asia and Africa via the Suez Canal, continues to become an increasingly important component of the Global Logistics Chain, as the global economy and international trade continue to expand. Where modest wooden ships once carried frankincense and myrrh from Arabian suppliers north to Egypt, Ultra-Large Container Ships (ULCS) able to carry over 20,000 Twenty-Foot Equivalent Units (TEUs) now carry global trade connecting to Europe via the Suez Canal (occasionally running into problems their predecessors did not experience, as the recent blockage demonstrated).

The Port of Jeddah, Saudi Arabia, the Red Sea’s largest port, is already ranked among the world’s 40-busiest container ports, handling over four…

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