SahitiSarva
commented
2 months ago Minutes 23rd September
New Analyses requested - what we can do by end of September and beginning of October.
- Who are the ships coming through the red sea?
- What has changed from the last update w.r.t conflict and maritime activity? -- maybe smuggling, ships should've dropped because the big actors in this space have dropped out
- Add Strait of Hormuz to the analysis and regionally extend the analysis to that part as well. Understand what is happening with the Panama Canal. Keep the Panama Canal as a footnote to what we do but keep the brief fairly regional.
- Is the Straight of Malay connected to this?
- Peak around New years and christmas occurs 6 months before and the Europeans will try to replenish some of the stocks, so what we're observing now might come back later in the year. Take a look at the trends from the year before to see if the trade has gone up this year compared to last year. Compare May and October to each other.
- Does this impact global shipping price and insurance rates?
Phase II: Transport Diversion
- Globally maritime trade activity has declined. There is a shift between maritime transport to air transport. How did maritime get redircted to land transport. Expert in Shipping: Martin Humphreys (WB).
Notes -- Extreme events of interest are the sinking of ships. One of them is associated with an oil spill. Nice to have a paragraph on that. What is the ecological impact of the oil spill. Localized but significant impact and it can actually be geolocated very well. Documented and commented on in one paragraph.
Timelines -- They're having a brief #2 on food and security scheduled for October. We need to use October to write the next brief as of mid October. November 1 is the final deadline. Give them 10 days or 2 weeks to write it up.
Questions for them - Do they have another update after November?
Client Contact Email(s)
zbogetic@worldbank.org, lzhao1@worldbank.org
Project Charge Code
AA-P180205-ASA-TF0C0986
Project Manager
Holly Krambeck
Project Sharepoint URL
https://worldbankgroup.sharepoint.com/:f:/t/DevelopmentDataPartnershipCommunity-WBGroup/EoPKGdniEgNOsFM15KKAipAB1Zt35TWLhfnS51oSwvuJRQ
Project Web Book URL
http://datapartnership.org/red-sea-monitoring/
Link to Proposal and Work Plan Shared with Client
n/a
Project Assignment
The Red Sea shipping crisis is a global crisis that began in October 2023, when missile attacks on ships and tankers traversing the Red Sea caused hundreds of vessels to avoid the Suez Canal. The attacks are concentrated near the Bab al-Mandab Strait, a 20-mile-wide chokepoint for maritime traffic. The World Bank Country Economics teams in Egypt, Yemen, and Djibouti seek to monitor the status and impacts of the crisis on their respective and regional economies.
The assignment includes the following deliverables:
The assignment also includes combinine these data products to prepare high-level analytics and indicators, such as:
Project Timeline
October 3rd : We will be able to present the updates to the existing charts in the Red Sea region. On the call we can discuss what changed since the last analysis and what that means for the next brief. October 17th: We will be able to complete the new conflict and maritime analysis for the Strait of Hormuz. October 24th: New analysis that will help reflect on how shipping conflict has impacted global supply chains + feedback for Strait of Hormuz. We'll present some ideas on the next call on the kind of analysis that is possible.