Friday, April 19, 2024

As Iran-backed groups attack Red Sea ships, investors are backing startups assisting global cargo

Multiple shocks to global supply chains brought about first by the pandemic and more recently by Iran-backed Houthis targeting cargo ships in the Red Sea have shown there’s a need for greater resilience in global shipping. At the same time, the pressure to reduce both costs and carbon footprints continues apace. Quietly, investors are eyeing […]

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