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Local ports gain edge amid shipping disruptions – Windhoek Observer
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Local ports gain edge amid shipping disruptions – Windhoek Observer
Chamwe Kaira Simonis Storm Securities says Namibia’s ports are gaining from global shipping disruptions linked to instability in the Middle East. Rising risks in the Persian Gulf and attacks on vessels in the Red Sea have forced ships to avoid the Suez Canal. Many vessels are now using the longer route around the Cape of Good Hope, increasing traffic along Namibia’s coast. This shift is already benefiting Walvis Bay and Lüderitz. Demand for shi…
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