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Rerouting away from Suez Canal could spark increased business, CEO says Attacks on cargo vessels in the Red Sea could drive more shippers toward the Port of Vancouver after a year of record-high volumes, its CEO said. "We know that the Red Sea impacts have caused significant rerouting of cargo for vessel operators to all markets," Peter Xotta, the head of the Vancouver Fraser Port Authority, said in an interview Friday. "I expect that that could result in an increase in the short term for cargo into the Port of Vancouver," he said. "We have seen a bump in volume…
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November 13, 2025
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March 27, 2025
07:36
Source: theglobeandmail.com