Dr. Maray Georgoussi interview with John Faraclas on the Ukranian – Russian, Israel – Hamas conflicts and the implications on the supply chain at Acheloos TV

A very timely event interview organised by veteran journalist Achilleas Papadionyssiou for Acheloos TV, covering the two main conflicts which might spill over and Planet Ocean might come to a point of no return with incalculable repercussions for all.

• Ukraine and Russia enter the third year of not just hostilities, but that of a war which might soon become an all out one…
• Israel and Hamas also continue to fight approaching the fifth month of atrocities… CAUTION!!!
• For both conflicts there is a real danger of spilling over…
• We believe we are in the Third World War..
• The supply chain is in danger… The costs for the Greek, European and International Consumer rises every minute creating a difficult time for all households… Despite the grain agreement between Ukraine, Russia and Turkey same is disrupted… and above all dangerous for crew and ships… In the Red Sea the situation is terrible and ships crew are in danger… needless to say the cost of going round Cape of Good Hope is costing an arm and a leg… Houthis will pay a hefty price for their wrong doings in attacking ships endangering ships crew…
• Panama faces drought and ships go via the Straits of Magellan, another extra cost… The trip to Europe via Panama cannot take place as climate crisis created this draught which immediately affected all Panama and Post Panamax ships. Add these two conflicts above and see what you get!!
• Intermodalism is disrupted…
• The Suez Canal Authority lost already 40-50 centum of its earnings…
• The Red Sea becomes a difficult area for navigation… given the Yemeni based Houthis…
• The USA is on an election course…
• China and others, including BRICS something to watch… You never ever know what might happen if the Chinese appetite for Taiwan sparks another mess in the south China Sea and in general all over the far East…
• Greek shipping has a vested interest in protecting its position; needless to say its crew members and ships…
• Marine Insurance sky rocks…
• All the above is a test for Diplomacy… The new Operation Prosperity Guardian is on now and hope will deter the Houthis and whoever intervenes..
• The IMO (The International Maritime Organisation) MUST intervene; we need a robust intervention beyond statements.

Watch the video, which although in Greek, can be fully understood; remember: English is a Hellenic dialect!!!

A difficult Year of the Dragon is ahead of us!