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Many shipping companies have pulled their vessels from the Suez Canal route as Houthi rebels in Yemen continue to fire at cargo ships. Some exporters are now using the overland rail route between China and Europe, with enquiries doubling since the Red Sea attacks began.
With economic development, environmental, social and governance (ESG) issues are becoming increasingly important for many sectors, including transport. The transport sector is one of the pillars of international trade and the modern world as a whole, and rail transport is a crucial component of this ecosystem.