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Disruptions lengthen shipping routes
24/09/2026
As of 24 September 2026, disruptions in the Red Sea and Panama Canal were causing vessels to use longer routes, while high fuel costs were limiting vessel speeds and reducing effective fleet capacity.
International Grains Council (2026)
International Grains Council. (2026, September 24). Ocean Freight for Grains and Oilseeds: Logistics, Shipping Economics and Marine Insurance [Webinar presentation, slide “Freight: The Baltic Dry Index touched a near five-year peak in early September”]. https://igc.int/en/public-site/webinars.aspx. Contextual linkage for El Niño classification: Autoridad del Canal de Panamá. (2026). Agua y el Canal. https://pancanal.com/agua/