Trade in turbulent times – Shipping costs and the Red Sea

Date: 5 November

2024 has, so far, been a disruptive year for global trade. Shipping costs jumped 300% y/y to peak in July. This is largely due to conflict in the Red Sea has which has disrupted nearly 20% of global shipping flows. This webinar will explore these issues and the outlook and risks to shipping costs and trade in the year ahead.

Ben Udy

Lead Economist, OE Australia

+61 2 8458 4293

Ben Udy

Lead Economist, OE Australia

Sydney, Australia

Ben is a lead economist at Oxford Economics Australia working on the Australian Macroeconomic Service, and TradePrism. Prior to joining Oxford Economics ben has worked as a macroeconomic consultant in the private sector in Singapore and Australia and for the Treasury in New Zealand.

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