China and Russia have come together for a new shipping route between Ningbo, China, and Felixstowe, in the U.K. The new path could cut shipping times in half.
The new routes will take longer, and some shipping companies are adding a surcharge to compensate for the additional risk, as well as the extra fuel and labor.
As Egypt grapples with political unrest, many economic analysts are worried about the price of oil. But Egypt's Suez Canal isn't as important as you'd think.
