Port

Some 50 cruise ships visit Turkish ports in three months

A total of 50 cruise ships visited Turkish ports in January-March, up from 42 in the same period of last year, according to the latest numbers from the Transportation Ministry.

The number of cruise passengers visiting the country rose from 34,112 to more than 61,000 in the first three months of 2024.

Containing the Houthi impact on Piraeus port

The port of Piraeus has so far weathered the impact of the Red Sea attacks, but will not be able to do so for much longer, ratings agency DBRS Morningstar warns, as it is expected to take a significant blow with a reduction of 30% or more in cargoes over the next period, due to container shipping giants stopping or changing their routes.

Red Sea Crisis Affects Shipping Routes and Raises Europe-Asia Costs

Logistic experts foresee serious consequences of the crisis in the Red Sea. The majority of world goods turnover is realized by sea transport. After a series of challenges in 2022-2023, including the Covid-19 pandemic, the lack of equipment and the Suez Canal blockage, at the end of 2023 - a new maritime transport crisis arose. It threatens world trade and negatively affects the economy.

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