A Comprehensive Study by McKinsey & Company, New York, The Worldwide Management Consulting Firm:
Here is a report by LR, QinetiQ & The University of Southhampton:
Despite international sanctions against the Kremlin, the bridge construction between the Kertch strait has started and the first arch has been built. This bridge will connect Russia and Crimea, will be 19 Km long and should be finished in 2019. The construction of this bridge, is creating important logistical problems for Ukraine. Indeed, navigation for cargoes between the Azov sea and the Black sea has been suspended during certain days at the end of August and this could occasionally continue in September and October. This situation could also penalize exports since the Azov sea is an important crossing point for Russian grains departing from Rostov on the don. On the long term, the bridge could be a real problem for cargoes because besides being constructed in low water depth, maximal heights is limited at 33 meters. The agricultural ministry is estimating that once the bridge is constructed 33% of Ukrainian cargoes won’t be able to cross. In this context, exporters have already planned to move from the port of Mariupol in Ukraine directly onto the Black sea.
The PDF Study: Greece Shipping Survey
World chokepoints for maritime transit of oil are a critical part of global energy security. About 61% of the world’s petroleum and other liquids production moved on maritime routes in 2015. The Strait of Hormuz and the Strait of Malacca are the world’s most important strategic chokepoints by volume of oil transit.
Here is the Full Report in PDF Format (with our thanks to the EIA): wotc
The (Almost) Full Story in this link:
Link to the Article by Bloomberg BusinessWeek:
A Brief by Watson Farley & Williams: