inverto

Red Sea attacks raise global emissions and lead times

The Red Sea crisis created an extra 35.7 million tonnes of CO2 emissions in the past year, according to supply chain management consultancy Inverto, part of Boston Consulting Group. Ships were forced to sail around Africa to avoid the risk of being attacked by the Houthi rebels, equivalent to the annual emissions of 7.8 million cars. Some 1,000 fewer ships per month have passed through the Suez Canal in the past year, ... [+]