Global supply chains facing severe disruption
Complications surrounding the Red Sea continue to affect supply chains as attacks on vessels, re-routings, and additional costs impact traders across Europe. Many carriers are diverting vessels around the Cape of Good Hope (as pictured top right) which adds another 10-14 days to your transit time. However, note that some carriers continue to use the Suez Canal.
With the Chinese New Year in a few weeks, you can expect prolonged delays and extended transit times as space and equipment become more scarce.
We strongly recommend that you review your supply chain and consider how these delays may affect your business. Plan for contingencies early, and don’t delay on getting your ocean freight booked.
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